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Anthony Scaramucci was a hot Wall Street manager last year thanks to crypto. Now he sees bitcoin hitting $200,000 — this year. - MarketWatch

1. Scaramucci predicts Bitcoin could reach $200,000 by 2025. 2. His ETF returned 74% in 2024, outperforming others significantly. 3. He sees a strategic U.S. Bitcoin reserve as likely to happen. 4. AI and crypto are compared to the early Internet days. 5. Trump's crypto actions may hinder regulation but also influence market dynamics.

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FAQ

Why Bullish?

Scaramucci's Bitcoin price prediction could catalyze market enthusiasm, similarly seen with previous bullish trends.

How important is it?

The insights by a prominent investor like Scaramucci typically sway market sentiment significantly.

Why Long Term?

The potential Bitcoin reserve and adoption signal a longer-term growth trajectory, akin to past crypto phases.

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