Anthony Scaramucci, founder of Skybridge Capital, has reiterated his bold outlook for Bitcoin, maintaining that the leading cryptocurrency could climb to between $180,000 and $200,000 before the end of 2025. In a series of recent interviews, Scaramucci described this target as “conservative,” citing a mix of growing institutional demand and limited new supply.
Institutional Demand Outpacing Bitcoin’s Supply
According to Scaramucci, the Bitcoin market is experiencing a significant supply squeeze. Only around 450 new bitcoins are mined daily, while demand continues to surge from:
- Institutional investors entering the space
- Spot Bitcoin ETFs seeing steady inflows
- A rising number of global retail users
This growing demand, paired with Bitcoin’s capped supply, sets the stage for a potential price explosion, he argues.
Macroeconomic Trends Driving Bitcoin’s Appeal
Scaramucci also emphasized how broader economic concerns are pushing more investors toward Bitcoin. With inflation staying persistent and government debt levels climbing, he believes many are viewing Bitcoin as a digital hedge against traditional financial instability.
Earlier this year, he projected that Bitcoin could surpass the $200,000 mark, thanks to ETF-driven momentum and a rapidly expanding user base. He noted that the number of Bitcoin wallets could reach 500 million globally by year’s end—a signal of widespread adoption.
SkyBridge Capital, his investment firm, has been actively increasing its crypto holdings to align with what he sees as a long-term trend toward digital assets.
Market Reaction and Remaining Skepticism
Scaramucci’s optimism comes at a time when institutional interest in Bitcoin is booming. U.S.-approved spot Bitcoin ETFs have seen billions in inflows since launch, validating much of the bullish sentiment.
However, not everyone shares his confidence. Critics point out Bitcoin’s volatility and warn that regulatory hurdles or economic downturns could throw off such aggressive forecasts.
Still, Scaramucci isn’t backing down. “People are still underestimating the impact of institutional demand,” he said, suggesting that even his upper-end projection might prove too low if current trends continue.
With just over four months left in 2025, Bitcoin’s price movement will either validate Scaramucci’s high hopes—or add another twist to the crypto market’s unpredictable journey.
