news 
Scaramucci Says Some Alts Had Their ‘Last Hurrah’
Anthony Scaramucci, a prominent cryptocurrency investor and Bitcoin enthusiast, has weighed in on the recent market correction. According to reports, he believes that some altcoins have had their “last hurrah” due to their sharp decline.
In a recent statement, Scaramucci stated that the current market environment is not conducive for altcoin growth, citing concerns about the Federal Reserve’s potential scaling back of easing in 2025 as a primary concern. He also suggested that some assets may have already reached their peak and are now experiencing a correction, which could be detrimental to investors who are holding onto them.
It is important to note that Scaramucci is not the only prominent figure speaking about the cryptocurrency market’s current state. Just recently, Galaxy Digital CEO Mike Novogratz expressed similar sentiments, stating that Bitcoin might surge higher in the future but warned of significant corrections along the way.
As the crypto market continues to experience extreme volatility, it becomes increasingly crucial for investors and traders alike to stay informed and up-to-date on the latest news and trends.
Source: u.today
