Skybridge Capital founder: Trump will bring short-term turbulence to the crypto market, 60% of personal wealth is in Bitcoin

PANews reported on February 5 that according to Substack, Anthony Scaramucci, founder of Skybridge Capital, said that Trump's capriciousness will bring short-term turbulence to the crypto market. Although Bitcoin and cryptocurrencies are long-term winners, they must withstand Trump's all-round attacks. However, Anthony Scaramucci said that Skybridge Capital will go all out in cryptocurrencies. His company holds digital assets worth $1.4 billion, accounting for 57% of all assets managed by the company. In addition, more than 60% of his personal wealth is in Bitcoin.

Anthony Scaramucci added that it would be a very powerful move if it were to gain full institutional adoption, allowing banks to custody cryptocurrencies, hold them on their own balance sheets, and use their capital to become major investors in cryptocurrencies.

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Author: PA一线

This content is for market information only and is not investment advice.

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