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Title: Scaramucci Says Some Alts Had Their ‘Last Hurrah’
Anthony Scaramucci, a prominent American financier and investor, has recently shared his thoughts on the current cryptocurrency market. In an interview with Bloomberg, he expressed concerns about potential corrections in the market, warning that “some alts had their last hurrah.”
Scaramucci’s statements come as Bitcoin continues to face intense volatility, with some experts predicting significant price fluctuations in the future. He also emphasized his ongoing bullish stance on the leading cryptocurrency, stating that it could reach $200,000 by 2025.
While Scaramucci remains optimistic about Bitcoin’s potential, he did not rule out the possibility of a major correction pushing the asset back to the $60,000-$70,000 range. This prediction is particularly relevant in light of recent market data showing over $1 billion worth of cryptocurrency liquidations within the past 24 hours.
Galaxy Digital CEO Mike Novogratz has also recently expressed similar sentiments, noting that Bitcoin could potentially surge much higher but emphasizing the need for caution due to inevitable corrections.
In light of these predictions and warnings, it is essential for investors to stay informed about market trends and regulatory developments.
Source: u.today
