In the dim light of our modern age, where fortunes are made and lost with the flick of a digital switch, Anthony Scaramucci, the esteemed founder of SkyBridge Capital, finds himself pondering the fate of Bitcoin (BTC). He suggests, with a hint of resignation, that the cryptocurrency may very well experience a rather lackluster performance for the remainder of this cycle.
In a recent tête-à-tête with the independent scribe David Lin, Scaramucci expounded upon the notion that Bitcoin’s trajectory in the coming months is inextricably linked to the whims of President Trump and his trade war rhetoric. Ah, the unpredictability of politics! One moment, the winds of fortune blow favorably, and the next, they are stifled by the heavy fog of tariffs.
“Should the President temper his threats of tariffs,” he muses, “we might witness Bitcoin soaring to heights previously unimagined, perhaps even reaching the lofty summit of $200,000 this very year. But alas, if he chooses to double down on this trade war folly, we may find Bitcoin languishing in the shadows, perhaps returning to a mere $100,000.”
“At present,” he continues, “Bitcoin is ensnared by the macroeconomic dilemmas that plague us. Many had anticipated a pro-business stance from our dear President, a beacon of growth for the stock market. Yet, here we are, grappling with the uncertainty of tariffs and the erratic nature of international relations.”
As of this moment, Bitcoin trades at $85,338, having experienced a modest rise of over 3% in the past day. One can only wonder, will it rise like a phoenix or fade away with a whimper? Only time will tell. 🕰️
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2025-04-02 10:21