news 
Galaxy Digital CEO Mike Novogratz recently predicted that Bitcoin might surge much higher. However, he also warned that significant corrections were inevitable.
Another $1.05 billion worth of crypto has been liquidated over the 24 hours due to extreme volatility. Such severe corrections typically occur when there is heightened market exuberance.
As reported by U.Today, Scaramucci recently predicted that the price of Bitcoin could reach $200,000 in 2025. During a recent interview with Bloomberg, the American financier also downplayed some persistent concerns surrounding MicroStrategy’s debt, arguing that only a prolonged Bitcoin bear market lasting up to seven years could make the company collapse.
Scaramucci also did not rule out a major correction that could push Bitcoin back to the $60,000-$70,000 range.
Source: u.today
