The head of asset management firm SkyBridge Capital recently took to the X social media network to share a recent CNBC interview with vocal Bitcoin proponent Anthony Pompliano.
Anthony Scaramucci, an American financier, believes that Bitcoin will perform better than other assets in 2024.
Scaramucci recently shared a CNBC interview with Anthony Pompliano on the X social media network. Pompliano, a vocal Bitcoin proponent, shared his thoughts on Scaramucci's expectations for the cryptocurrency's price performance in 2024.
During the interview, Pompliano explained that Bitcoin is typically the most sensitive asset to global liquidity.
“I think that Bitcoin ends up being a big winner whenever we get cheap money flow into the system. And it feels like we just went through this big regime change. We were tightening. Everyone was trying to drain liquidity from the system. Now, we’re gonna go the other way,” he said.
Pompliano admitted that it’s difficult to say what exactly is driving the price of Bitcoin. However, he noted that over 50% of Bitcoin has been held for over a year. This, according to Pompliano, is “the best signal.”
As reported by U.Today, Scaramucci recently predicted that the Federal Reserve cutting interest rates will push the price of Bitcoin higher. He also named the introduction of clear crypto regulation as another possible catalyst. The financier predicted that the leading cryptocurrency could hit $100,000 this year.
Earlier this year, Scaramucci opined that Bitcoin could become a store of value by 2026.
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