Anthony Scaramucci, the founder of the American investment company SkyBridge Capital, called the 55% drop in Bitcoin’s price a reason for optimism. According to the businessman, the current bearish trend indicates the relative stability of the first cryptocurrency. The founder of SkyBridge noted that the scale of the price decline was noticeably smaller than during previous market downturns. On CNBC, Scaramucci stated that over the course of thirty‑seven years of work, he has experienced nine bear markets, and the current limited drawdown of Bitcoin may indicate steady demand capable of supporting the next bull phase.

The entrepreneur also noted that since the start of the armed conflict between the US and Iran in February, the Bitcoin exchange rate has remained virtually unchanged. Among the reasons for the weak dynamics, Scaramucci cited the outflow of capital from cryptocurrencies to artificial intelligence services, as well as the willingness of mining companies to invest in computing power for AI needs. The founder of the investment company also drew attention to the changing market structure. The launch of spot Bitcoin funds has expanded access to the first cryptocurrency for traditional investors, and financial companies continue to create products based on digital assets. Thanks to this, Bitcoin has developed a broader base of buyers than during previous bearish pauses in the cycle.

According to Scaramucci, the recent Bitcoin halving will reduce the rate at which new coins are issued and intensify the supply shortage, which may help the asset gradually rise above one hundred thousand dollars. However, before a full recovery, the crypto market will have to go through a consolidation period. Earlier, in an interview with RiskReversal Media, Anthony Scaramucci compared the spread of Bitcoin to an S‑shaped curve. In his opinion, after a slow initial phase, the pace of global adoption of the asset should accelerate sharply.

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The material is prepared solely for informational and educational purposes and does not constitute financial advice or a recommendation.