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Bridgewater Capital Founder: Tariff Storm Caused Short-Term Market Volatility, Bitcoin and Cryptocurrency are Long-Term Winners

2 hours ago

On February 5th, Anthony Scaramucci, the founder of SkyBridge Capital, commented on the tariff dispute. He stated that the unpredictable behavior of President Trump will lead to short-term market volatility. Bitcoin and cryptocurrencies are long-term winners, but "you need to be fully prepared to bear the impact of Trump's policies." Scaramucci also said: "If there is full-fledged institutional adoption and banks can act as custodians of cryptocurrencies, hold them on their balance sheets, and deploy their capital to become a major investor in cryptocurrencies, perhaps even just Bitcoin. I think this would be a profoundly significant and extremely powerful move." (FT)
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