"Bitcoin (BTC) Expected to Surpass $200,000 Due to Supply Shock in 2025"

Source
JH Kim

Summary

  • Anthony Scaramucci stated that "the demand for Bitcoin will lead to a supply shortage."
  • He revealed that "the price of Bitcoin will more than double by 2025."
  • Scaramucci predicted that "the price of Bitcoin will rise to $200,000."

According to the cryptocurrency-focused media outlet Daily Hodl on the 31st (local time), Anthony Scaramucci, founder of the American hedge fund SkyBridge Capital, predicted in an interview that "the price of Bitcoin (BTC) will more than double by 2025."

He stated, "The demand for Bitcoin is likely to continue increasing in 2025," adding that "this could lead to a supply shortage, causing prices to surge."

Additionally, he predicted that "the price of Bitcoin will rise to $200,000 due to the supply shock," and added, "There is no reason this won't happen. There is not enough Bitcoin in the market."

Meanwhile, BTC is trading at $93,887.15, down 0.50% from the previous day, as of 04:41 on the 1st, based on the Binance Tether (USDT) market.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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