SkyBridge Capital Says Bitcoin Will Top $100,000 Again
Summary
- SkyBridge Capital said Bitcoin will climb back above $100,000.
- Founder Anthony Scaramucci said Bitcoin will rise above $100,000 again ahead of the 2028 halving.
- Scaramucci said the supply reduction caused by the halving will drive Bitcoin prices higher.
Forecast Trend Report by Period
SkyBridge Capital, the U.S. hedge fund, expects Bitcoin to climb back above $100,000.
Anthony Scaramucci, founder of SkyBridge Capital, told CNBC on Aug. 18 that Bitcoin will rise above $100,000 again ahead of the 2028 halving.
He said a halving-driven drop in supply will lift Bitcoin's price.
A halving is an event that cuts Bitcoin mining rewards in half.
The next Bitcoin halving is projected for the first half of 2028. After that, the block reward will fall to 1.5625 Bitcoin from 3.125 Bitcoin.
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