On February 5th, Anthony Scaramucci, the founder of SkyBridge Capital, weighed in on the current tariff dispute, indicating that President Trump’s erratic behavior could lead to increased short-term market volatility. While acknowledging the challenges, Scaramucci affirmed his confidence in Bitcoin and cryptocurrency as solid long-term investments. He emphasized the necessity for investors to “accept the full impact of Trump’s policies.” Furthermore, he posited that if there is a surge in institutional adoption, with banks starting to custodian cryptocurrency and managing it on their balance sheets, the landscape could dramatically shift. Scaramucci described this potential pivot as a “profoundly seismic” development, underscoring that strategic capital deployment into crypto assets, especially Bitcoin, could signify a powerful transition in the financial sector.
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