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Scaramucci Sees Bitcoin at $10T, Blames Trump for Meme Coin Mess

Guavy AI Editorial Team
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Anthony Scaramucci, founder of SkyBridge Capital, recently expressed his views on the crypto market in an interview. He stated that despite weak market sentiment, he remains bullish on Bitcoin's long-term trajectory.

Scaramucci believes that Bitcoin has the potential to reach a $10 trillion market cap, which is more than eight times its current value of around $1.2 trillion. He described Bitcoin as 'one of the greatest brands in global banking,' saying it 'still wouldn't dent the capital market.'

However, Scaramucci was critical of President Trump's involvement with meme coins, specifically the Official Trump Coin (TRUMP). He stated that Trump's actions 'karate chopped' crypto's image at a time when the industry was gaining wider public acceptance.

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