SkyBridge Capital Says Bitcoin Will Climb Back Above $100,000
JOON HYOUNG LEE
Forecast Trend Report by Period
SkyBridge Capital, the U.S. hedge fund, said Bitcoin will rise back above $100,000.
Anthony Scaramucci, the firm's founder, told CNBC on Aug. 18 that Bitcoin will top $100,000 again ahead of the 2028 halving.
He said the cryptocurrency's price will gain as the halving reduces supply.
A halving is the event in which Bitcoin mining rewards are cut in half.
The next Bitcoin halving is projected for the first half of 2028. Afterward, the reward per block will drop to 1.5625 Bitcoin from 3.125 Bitcoin.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul