In accordance with U.Today, Anthony Scaramucci, founder of SkyBridge Capital, has suggested that some altcoins may have already experienced their 'last hurrah' amid recent market corrections. This statement comes as various altcoins faced double-digit losses within 24 hours, and Bitcoin's price dropped to $92,245, its lowest in nearly a month. The decline is attributed to concerns about the Federal Reserve's potential policy changes in 2025. Despite the downturn, Scaramucci remains optimistic about Bitcoin, viewing the correction as a natural market adjustment. Meanwhile, Galaxy Digital CEO Mike Novogratz anticipates a significant rise in Bitcoin's value, though he warns of inevitable corrections. CoinGlass data indicates that $1.05 billion in crypto was liquidated over 24 hours due to market volatility. Scaramucci has also predicted Bitcoin could reach $200,000 by 2025.
Scaramucci Predicts Some Altcoins May Have Seen Their 'Last Hurrah'
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