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Benzinga
Benzinga
Business
Bibhu Pattnaik

Bitcoin Could Plunge 40% Before Hitting $500K, Warns Anthony Scaramucci

Scaramucci Bitcoin SkyBridge Capital Crypto
Washington,,Dc - usa,-,April,26,,2018:,Anthony,Scaramucci,,Former,White

Anthony Scaramucci, the founder of SkyBridge Capital, has forecasted a potential 40% drop in Bitcoin’s value before it hits the $500,000 milestone.

Scaramucci, a seasoned Wall Street veteran, sees volatility as an inherent part of the cryptocurrency market. He underscored the significance of long-term investment and urged investors to be ready for market swings.

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