Bitcoin housese begins as soon as the US inflation falls to 4-5 %: Scaramucci
Bitcoin housese begins as soon as the US inflation falls to 4-5 %: Scaramucci
Anthony Scaramucci-the founder of Skybridge Capital and former official of the White House-believes that cryptocurrencies will revive as soon as the Federal Reserve stops increasing the interest rates.
He believes that this will be done as soon as inflation has returned to 4-5 % in the United States.
The increase could be on the horizon
The financier assumes that the US Federal Reserve will stop the interest rate increases before reaching the inflation goal of 2 % and thus stimulate a price pans for risk systems such as cryptocurrencies:
"I believe that the FED explains victory with an inflation of 4 % to 5 %. If I lie correctly, there will be a revival of the market. There will be a lot of short covering in crypto, and there will be a rebirth of risk investments."
remember that the CPI numbers in January showed that inflation in the United States was 6.5 % in December, while the highlight was marked in June last year when the rate reached a 40-year high of 9.1 %. The Anlagverwaltungsgesellschaft from Scaramucci-Skybridge Capital-is invested in Bitcoin via the Skybridge Multi-Adviser Hedge Fund Series G-Fonds. He said the company could concentrate on other assets if the primary cryptocurrency starts a bull run. The American, who briefly acted as the communication director of the White House, is one of Bitcoin's most prominent supporters and held on his faith during the continued decline in market. However, he advised people to scale their BTC investment correctly and no more than 5% of their entire savings. So you could look forward to solid profits if the asset shoots up in the future, while potential losses would be insignificant in the event of a decline in price (which he doubts). Scaramucci, which once had a close relationship with the former CEO of FTX-Sam Bankman-Fried-and members of his family, illuminated the losses that caused the collapse of the stock exchange for his company. Skybridge shortly before the end of the platform accepted $ 45 million in financing by SBF and used the money to buy FTT token worth $ 10 million. The company later sold the stock with a loss of $ 9.6 million. "I don't shy away from it. I think it is important for people who believe in capitalism and important for people who take risks to understand what has happened. I will not be the person who will no longer take a risk in the future because I was burned by Sam," explained Scaramucci.
He recently compared spanserver-spaces = "true"> SBF "The Bernie Madoff of Cryptography" says that "the ninth circle of hell" is. . Antonius Scaramucci. CNBC
"I was burned by Sam"