CandleFocus Scaramucci Says Some Alts Had Their 'Last Hurrah'
2024-12-20
Author: Content Editor
SkyBridge Capital founder Anthony Scaramucci believes that some altcoins may have already reached their peak. This comes as various altcoins experienced significant losses during a market correction. Scaramucci, however, remains confident in Bitcoin and its normal fluctuations. Galaxy Digital CEO Mike Novogratz also predicts that Bitcoin could surge higher but warns of inevitable corrections. In the past 24 hours, $1.05 billion worth of crypto has been liquidated due to extreme volatility, indicating heightened market exuberance. Scaramucci has previously predicted that the price of Bitcoin could reach $200,000 in 2025.
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