Scaramucci: "Still buying Bitcoin in the downturn…Trump remains the crypto president"

YM Lee

Summary

Anthony Scaramucci said he has continued buying Bitcoin across various price levels even amid the recent price pullback.
Scaramucci likened buying in a downturn to "catching a falling knife," but said he is maintaining his buying stance on Bitcoin, which is trading in the $68,000 range.
He said Donald Trump is more favorable to the crypto industry than his predecessor, but voiced concern that geopolitical moves such as remarks related to Greenland could negatively affect the passage of crypto-related legislation.

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Anthony Scaramucci, founder of SkyBridge Capital, said he has continued buying even amid the recent pullback in Bitcoin (BTC) prices.

According to CoinDesk on the 10th (local time), Scaramucci said in a conversation at Consensus 2026 in Hong Kong with Bullish CEO Tom Farley, "Ten days ago it was $84,000, last week it was $63,000, and this week I’m buying Bitcoin at even lower levels," adding, "We’re still buyers in this market."

He said he is maintaining a buying stance even as he likened buying during a downturn to "catching a falling knife." Bitcoin has fallen to around $60,000 recently after topping $126,000 on Oct. 12 last year, and is currently trading in the $68,000 range.

Scaramucci described U.S. President Donald Trump as "a president far more favorable to the crypto industry than his predecessor."

However, he noted that geopolitical moves such as remarks related to Greenland could amplify pushback from the opposition and negatively affect the passage of crypto-related legislation. He warned, "Issues like Greenland are also connected to the industry," adding, "That kind of move could provoke the opposition and lead them to oppose crypto bills as well."

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