TechFlow news — Anthony Scaramucci, founder and managing partner of SkyBridge Capital, said the current price of $69,000 still has significant "upside potential," and one day Bitcoin could trade at roughly half the total market value of global gold.
He predicts BTC could reach $170,000 within this cycle, noting that asset prices are set for substantial gains over the long term.
Scaramucci believes the recent approval of 10 spot Bitcoin ETFs acts as a "sell machine," continuing to drive increased demand for crypto assets from both retail and institutional investors.
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