Anthony Scaramucci doesn’t mince words on Bitcoin. The SkyBridge Capital founder laid it out plainly in an April 2026 X post: “Every characteristic that has defined money throughout human history — Bitcoin checks every single box.” That’s why he’s bullish. And not just a little.
Trust forms the foundation. A dollar bill? Linen and cotton. Yet we accept it. Bitcoin, over 16 years, forged its own trust—decentralized. No central authority. No single point of failure. Scaramucci hammered this point in his post, as reported by Yahoo Finance.
Major players agree. Morgan Stanley jumped into Bitcoin markets. Goldman Sachs filed for a Bitcoin ETF. “It’s becoming part of the model portfolio for individuals and institutions worldwide,” Scaramucci said. Institutions aren’t dipping toes. They’re diving in.
Scarcity seals it. Capped at 21 million coins. Faster to move than gold. Easier to store. No vaults needed. Just a seed phrase. These traits echo gold’s appeal, but upgraded for the digital age.
But hold on. Not everyone’s convinced. Economist Tony Annett fired back, claiming Bitcoin flops as a medium of exchange, unit of account, or store of value. Speculation and crime, he calls it. Data pushes against that. Bitcoin handled 44% of Coingate transactions from 2014 to 2025—the most-used crypto for payments. About 39% of U.S. merchants take crypto; 2,300 accept Bitcoin directly.
From Election Euphoria to Cycle Choppiness
Trump’s 2024 win supercharged the narrative. Scaramucci praised it early. In November 2024, he posted on X: “Trump’s victory accelerated the cycle, but Bitcoin was and is inevitable.” He spotlighted Sen. Cynthia Lummis’s push for a U.S. Strategic Bitcoin Reserve. Other nations would follow. Institutional allocators too.
Predictions flowed. August 2025: SkyBridge eyed $180,000-$200,000 by year-end—a “cautious” target, per Yahoo Finance. December 2024: $200,000 next year, via Wall Street Journal. But reality bit. Bitcoin hit $126,198 in October 2025, then pulled back to $74,631 by April 2026.
Scaramucci adjusted. In Davos January 2026, he told Reuters: “I would like to see bitcoin back to $125,000 to $150,000.” Regulatory dreams stalled. No stablecoin bill. No Clarity Act. “All of us in the bitcoin community got overly enthusiastic,” he admitted. Still, cautiously optimistic for an OK 2026.
March 2026 brought cycle talk. Bitcoin’s four-year pattern holds, he said in a Coingape interview. Choppy now. Rally starts Q4 2026. Long-term? $1 million. Bitcoin grabs half of gold’s market cap. That’s the endgame.
Trump policies fuel it, oddly. Scaramucci, no fan of tariffs, sees chaos boosting Bitcoin’s safe-haven bid. “If you’re going to have mayhem in the markets… more people will lean on Bitcoin,” he told Anthony Pompliano recently.
Trump Ties and Policy Hurdles
Complications arise. Scaramucci urged Trump to ditch family crypto ventures. Official Trump memecoin? Down 96-97%. “That’s going to hurt our ability to get the legislation done,” he said at the 2026 Semafor summit, covered by Yahoo Finance. Yet the administration scores points. Appointments like David Sacks, Scott Bessent, SEC Chair Paul Atkins signal clarity ahead.
SkyBridge walks the line. In July 2025, AJ Scaramucci’s Solari Capital led a $220 million round in American Bitcoin—co-founded by Eric Trump, backed by Don Jr., per Fortune. Anthony added a small check. “Bitcoin transcends politics,” they say.
Net positive? Yes. Scaramucci credits Trump for spotting crypto’s pull with Republicans. Dropped cases on tax fraud, unregistered securities. Favorable shift from Biden-Harris days. But meme coins and family plays risk bipartisan bills.
Bitcoin endures. Volatility shakes weak hands. Cycles repeat. Scaramucci bought at $15. Still buying. Institutions pile in. Reserves loom. Trust builds. Money’s traits? Checked.
Bullish? Absolutely.
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