Bitcoin to reach $150k-$200k as it approaches one billion wallets: Anthony Scaramucci

IconCryptoNewsTerminal Staff05 Sep, 2024

cryptonews.jpg

Bitcoin to reach $150k-$200k as it approaches one billion wallets: Anthony Scaramucci

Anthony Scaramucci, the founder of SkyBridge Capital, believes that Bitcoin is poised for a significant rally, potentially reaching $150,000 to $200,000. Scaramucci's prediction is based on his belief that Bitcoin is becoming increasingly adopted and is on track to reach one billion wallets. He further emphasized that Bitcoin, like gold, is a store of value that will eventually attain a market capitalization comparable to gold, which is currently estimated to be around $17 trillion. In comparison, Bitcoin's market capitalization currently stands at approximately $1.12 trillion.