Anthony Scaramucci, founder of SkyBridge Capital and former White House director, has expressed interest in purchasing Bitcoin at various price levels. He revealed that the company has acquired Bitcoin at different times, including when prices were around $84,000, $63,000, and at current lower levels. This announcement comes amid ongoing fluctuations in Bitcoin prices as investors assess its future prospects. SkyBridge Capital is a well-known investment firm with significant interest in cryptocurrencies, particularly Bitcoin, which remains the most prominent and oldest digital currency globally. Despite Bitcoin’s price volatility, some experts consider it a strong asset for long-term investment. Scaramucci also described former U.S. President Donald Trump as an active and supportive leader for the cryptocurrency industry, noting that during Trump’s administration, various measures were taken to enhance the legal status and market inclusion of crypto, strengthening the sector. SkyBridge’s continued Bitcoin purchases indicate their belief in the market’s long-term appeal, although regulatory uncertainties and market risks remain potential challenges. Experts warn that further price fluctuations are likely, but growing acceptance and popularity of Bitcoin could secure its important role in the financial system. Investors are advised to remain cautious and continuously evaluate market conditions.
Source: coindesk
