Bitcoin Price Predicted To Touch New ATH Before The End Of 2024, This Is According To Anthony Scaramucci
JAKARTA The recovery of the crypto market since the end of last year until the approval of Bitcoin ETF last week has made a number of figures in the industry speculate regarding the increase in Bitcoin (BTC) prices. One of them is Anthony Scaramucci, founder and CEO of management firm SkyBridge Capital.
Scaramucci, who has also worked as director of US White House Communications (White House Communications) since 2017, predicts the price of Bitcoin will make a positive note before the end of 2024. He assessed that BTC price performance will touch its new all-time high (ATH). This statement was made by the CEO of SkyBridge Capital in an interview with CNBC.
His remarks came after US regulators, the Securities and Exchange Commission (SEC) gave the green light to the Bitcoin Spot ETF proposal submitted by a number of leading asset managers in the world, one of which was BlackRock.
SEE ALSO:
Amid market optimism for cryptocurrencies, Scaramucci assessed that the SEC's decision would provide momentum for Bitcoin as the world's largest crypto asset by market cap. According to him, the SEC's deputy is truly a big achievement for Bitcoin as a digital asset.
"I think this is a much wider story for digital properties in general, and I think Bitcoin will probably hit an all-time high before the end of the year and will likely cross an all-time high next year," said Anthony Scaramucci.
In addition to Scaramucci, the main characters in the crypto space and the founder of Ark Invest Cathie Wood also expressed their optimism about the potential for an increase in BTC prices. Wood is even more extreme predicting the price of BTC will potentially break through to Rp23 billion after this year's Bitcoin.
Bitcoin had touched its all-time high (ATH) two years ago, namely on November 10, 2021. At that time the price of BTC reached IDR 984,115,318. However, since this achievement, the price of BTC has decreased by around 32.74 percent triggered by various events in the crypto industry, including the collapse of FTX.