According to a recent interview, Skybridge Capital founder Anthony Scaramucci boldly compares today’s Bitcoin market and 1626 famous land transactions.
He now said that investors who buy BTCs will face a big swing like the first people who attempted new assets. His view is that the collision on the road is part of starting a big thing early.
Initial Bitcoin purchase analogy
Scaramucci pointed out that Peter Minuit purchased 60 Dutch guilds Manhattan Island, or about $ 24 at the time. According to the report, the land in Manhattan today is millions of dollars.
He insisted that buying a BTC of about $ 111,000 using the gap feels like a deal. MINUIT’s transaction has grown into one of the most valuable real estate markets in the world. I think Bitcoin can follow a similar way.
Anthony scaramucci comparison #Bitcoin $ 100k for purchasing Manhattan in 1690
“This is a digital attribute. You see it or not.” 🔥 pic.twitter.com/do4hhx1inv
-Bitcoin historian (@pete_rizzo_) July 10, 2025
Volatility and early own risk
Bitcoin investors know that Sharp Price Swing can happen at any time. The highest encryption assets plunged more than 70% of the past cycles and later rebounded. Scaramucci said that the kind of burning was a pioneer.
He warned that people who could not handle sudden drops could be saved before the next rally. At the same time, those who stayed could have a big profit.
Image: Benny Marty/Shutterstock.com
According to market data, Bitcoin has returned to $ 111,120 before reaching $ 118,200 today. The volume of trading has soared as it reaches its peak. Recall that all meetings bring their own tests.
Solana’s Altcoin Spotlight
Scaramucci’s focus is on Bitcoin, but his alternative is Solana. He said based on the report that the speed and low fees of SOL are more useful for more than just transactions. The choice shows that he is betting his interest in another network. Many investors follow similar playbooks. Put most of the money in Bitcoin and add less stakes in a project that can grow faster.
In the future, regulation and market problems
Scaramucci did not escape the risk beyond price fluctuations. He noted that US regulators are still determining how to treat their passwords. According to the data, new rules for exchange or tokens can shake the market. He also expressed a big sales opportunity if economic worry surged again.
The bitcoin market is still mature
He insisted that Bitcoin is still in the early stages. Compared to Manhattan in 1690 (before a high -rise building), Scaramucci wants to show that there is room for growth.
https://www.youtube.com/watch?v=duqehkxazvc
He predicted the BTC price of $ 200,000 at the end of the year. The number suggests that he has seen at least 80%jump at the current level. Whether or not that happens depends on more companies and those who use encryption over time.
Chart of TradingView, the main image of Unsplash
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