.Scaramucci remains a believer in crypto
The company is on track to lose about half of the funds it held by the end of June, which is roughly $890 million.Earlier this week, SkyBridge Capital moved to suspend redemptions in one of its funds.
In March 2021, the American investor compared the flagship cryptocurrency’s growth trajectory to that of Amazon, the biggest e-commerce giant. Scaramucci predicted that the price of Bitcoin would go to $100,000 by the end of 2021. This, of course, wasn’t the case: the cryptocurrency peaked at $69,000 in November before entering a bearish cycle.
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