SkyBridge Capital founder Anthony Scaramucci believes Bitcoin’s current price near $97,000 should have been reached two years ago. He attributes the delayed rally to the sluggish approval of a spot Bitcoin ETF. Scaramucci sees rising institutional adoption and nation-level interest driving Bitcoin’s future trajectory, suggesting a US strategic Bitcoin reserve is possible. Regulatory improvements under the Trump administration could help maintain Bitcoin’s momentum. Bitcoin’s price fluctuations remain a focus for investors, with analysts debating its sustainability. As of press time, Bitcoin is trading at $97,492 with a market cap of $1.93 trillion and a 24-hour trading volume of $43.7 billion. The total crypto market is valued at $3.19 trillion with Bitcoin dominance at 60.54%.

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