Scaramucci Predicts Bitcoin Market Cap to Reach $25 Trillion by 2036

SkyBridge Capital founder Anthony Scaramucci believes Bitcoin's market capitalization could reach $25 trillion if gold hits $50 trillion over the next decade. This would imply a price of $1 million to $1.5 million for Bitcoin, depending on circulating supply.

Scaramucci expects Bitcoin to trade between $70,000 and $75,000 by the end of 2026, despite the potential for a further 25% to 30% decline in the current bear market. He attributes this resilience to factors like spot ETFs, retail demand, and incremental institutional buying.

The passage of the CLARITY Act is seen as crucial for altcoins like XRP and Solana, which could rally if the legislation passes. However, Scaramucci expressed pessimism regarding its chances, citing difficulties in securing the necessary 60 Senate votes.