Overview
- At Consensus Hong Kong, Anthony Scaramucci said SkyBridge bought bitcoin around $84,000, about $63,000, and again in the current lower range.
- He described the strategy as like catching a falling knife, emphasizing that the firm remains a buyer through the downturn.
- Bitcoin fell from an October peak above $126,000 to nearly $60,000 and has recovered to roughly $68,000–$69,000, with reports of capitulation in bitcoin ETF flows.
- Scaramucci called President Donald Trump a crypto president and said he considers Trump more favorable to digital assets than his predecessor.
- He cautioned that moves such as Trump’s Greenland ambitions could galvanize Democratic opposition to pro-crypto bills, and he predicted Solana would capture more Layer 1 market share.