Bitcoin's Price Could Reach $170,000 in 2025, Predicts SkyBridge's Anthony Scaramucci
Bitcoins price could breach $170,000 next year, driven by demand for newly listed exchange-traded funds (ETFs) and the upcoming halving event.
According to Anthony Scaramucci, founder and managing partner of hedge fund SkyBridge, if the price of Bitcoin is around $45,000 during the halving, it is projected to reach $170,000 by mid-to-late 2025.
Halving Event Significance and Expected Price Surge
Reuters noted that the halving, a technical event that reduces the rate at which new Bitcoin enters circulation, plays a vital role in Bitcoins future price trajectory.
Scaramucci...
source:
https://tokenpost.com/Bitcoins-Price-Could-Reach-170000-in-2025-Predicts-SkyBridges-Anthony-Scaramucci-11091
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