Bitcoin price today is ‘where it should have been in 2022’

The drop in bitcoin below $ 100,000 reflects where she should have been exchanged years ago, explains Anthony Scaramucci

Speaking on Monday CNBC Segment ‘Box Squawk’The founder and general partner of Skybridge Capital said that Bitcoin (BTC) The price of around $ 98,000 is “where it should have been in 2022.” He noted that the approval bitcoin Stock market negotiated funds In January 2024, should have occurred in the first quarter of 2022.

This delay, he argued, “caused a lot of price damage”, which led to the prolonged weakness of Bitcoin for most of 2022. It was not until March 2024 that Bitcoin was again exceeded $ 60,000.

However, Scaramucci believes that today’s cryptography market has a Trump White House implementing “decent, decent and in the middle of the road”.

Compensate for lost time?

Scaramucci highlighted several short -term catalysts that could help Bitcoin recover the lost terrain. He stressed an increasing interest in university endowments, including the Emory University, which disclosed a stake In the Graycale FNB Bitcoin FNB at the end of 2024, while the University of Austin plans to launch a Bitcoin investment fund.

In addition, Scaramucci suggested that a Bitcoin strategic reserve fund in the United States “will likely occur at a small level”. Unlike popular belief, he noted that the American strategic reserve holds nearly 30 different assets, and Bitcoin is “an asset that the country will want to have”.

Meanwhile, he added that sovereign funds in the Middle East constitute “quietly” cryptographic positions.