Anthony Scaramucci Predicts $200K Bitcoin, Strategic Reserve Under Trump Administration

Scaramucci predicts that cryptocurrency will reach $200,000 this year, representing a 100% increase from current levels.

SkyBridge Capital founder Anthony Scaramucci has predicted that Bitcoin will reach $200,000 this year, a 100% increase from current levels.

Speaking during an interview with CNBC on Wednesday, Scaramucci said that Bitcoin is currently trading at around $96,300, and he expects it to continue to rise in the coming months.

"I think Bitcoin is a $200,000 asset this year," Scaramucci said. "That would only put Bitcoin at a $4 trillion market cap, putting it next to the market caps of our largest stocks, whether it's Apple or Nvidia."

Several catalysts could support Bitcoin's price increase, including the potential establishment of a U.S. strategic Bitcoin reserve and growing institutional adoption.

According to Scaramucci, Bitcoin's true potential lies in achieving a market capitalization of $15-20 trillion, comparable to gold's value to humanity.

“For Bitcoin to truly be an asset class, it would have to trade into the $15-20 trillion zone," Scaramucci said, adding that the cryptocurrency is particularly attractive to younger investors. This valuation would be a significant increase from current levels and would establish Bitcoin as a mainstream financial asset.

Scaramucci's bullish outlook is in line with other recent predictions for Bitcoin's price in 2025.

Earlier this month, Standard Chartered predicted that Bitcoin could reach $200,000 by the end of 2025. The bank cited strong institutional inflows and the approval of spot Bitcoin ETFs as key drivers.

"We believe 2025 will be a breakout year for crypto, driven by the launch of institutional crypto products, such as ETFs, and further regulatory clarity," Standard Chartered said in a note to clients.

"Our model suggests that BTC could reach $200,000 by the end of 2025, with a standard deviation of +/-$70,000. This range aligns with our previous analysis, which indicated a target of $175,000 for 2024."