Anthony Scaramucci Predicts Bitcoin Will Reach 1 Billion Users and $23 Trillion Market Cap

Anthony Scaramucci, speaking to Bloomberg, projected that Bitcoin is on track to reach 1 billion users and achieve a market capitalization of $23 trillion. He emphasized that Bitcoin is no longer correlated with tech stocks and suggested that if Bitcoin is considered a full-fledged asset class, its valuation could approach that of gold, which has a market cap of around $20 trillion. Scaramucci contrasted this with the perspective of Bitcoin as merely an investment, which would justify a market cap between $1 trillion and $3 trillion. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant