The post Bitcoin ETF delay caused ‘price damage,’ but 2025 will still be ‘very good year’ – Exec appeared on BitcoinEthereumNews.com.

Bitcoin is recovering somewhat from the tariff war’s impact, with experts optimistic about its 2025 trajectory Scaramucci highlighted institutional interest, ETF delays, and Bitcoin’s potential $200k price target Bitcoin [BTC] is steadily recovering from the bearish impact of the recent tariff war, regaining some momentum in the market. In fact, at the time of writing, the leading cryptocurrency was trading at $97,897.78 following a 0.22% hike over the last 24 hours, according to CoinMarketCap. Amid this resurgence, industry experts are optimistic about BTC’s trajectory in 2025. Scaramucci’s Bitcoin prediction Speaking on CNBC’s Squawk Box, Anthony Scaramucci, Founder and Managing partner of SkyBridge Capital, predicted that 2025 year would be a “very good year” for Bitcoin. According to the exec, Bitcoin’s press time price of approximately $98,000 was in line with where it “should have been in 2022.” He further pointed to the approval of a BTC spot ETF in January 2024 as a significant milestone. One that, in his view, was long overdue, as it “should have occurred in the first quarter of 2022.” Scaramucci attributed Bitcoin’s prolonged weakness in 2022 to regulatory delays, arguing that the deferred approval of a Spot BTC ETF significantly impacted market sentiment. He also stated that this setback “caused a lot of the price damage,” preventing Bitcoin from hitting its expected valuation. It wasn’t until March 2024 that BTC finally surpassed $60,000, marking a significant recovery. However, despite past challenges, Scaramucci remains optimistic about the current crypto market landscape, crediting the Trump administration for fostering “propitious, decent, middle-of-the-road regulation.” How have certain delays in development disrupted BTC’s growth trajectory? That being said, Scaramucci is now questioning whether institutional investors will make a decisive entry into the Bitcoin market, calling it “a real question.” He noted that endowments have started allocating funds to BTC, while…

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Filed under: News - @ February 12, 2025 9:25 am