SkyBridge Capital founder Anthony Scaramucci stated at the Consensus Hong Kong conference that he is continuously buying Bitcoin during the market downturn. Scaramucci revealed that he purchased Bitcoin last week at $84,000 and added more this week at $63,000, describing buying Bitcoin in a falling market as catching a falling knife.
Bitcoin’s recent price dipped close to $60,000, after reaching a high of $126,000 in October 2025. Subsequently, due to a short-term correction in the Bitcoin ETF market, the price rebounded to around $69,000. Scaramucci remains optimistic about the long-term market outlook, believing that current lows present an opportunity to establish long-term positions.
Regarding political factors, Scaramucci said that President Trump is more adaptable in the cryptocurrency space, even calling him the “Crypto President.” He pointed out that Trump’s geopolitical moves, such as interest in Greenland, could provoke the Democratic opposition to take a tougher stance on issues including digital asset policies, indirectly impacting the crypto market policy environment.
Additionally, when discussing blockchain technology development, Scaramucci stated that the programmable Layer 1 blockchain Solana is expected to become one of the fastest-growing blockchains in market share. He believes Solana’s advantages in transaction speed and scalability will attract more developers and users in the coming years, accelerating the adoption of blockchain applications.
Overall, Scaramucci’s buying strategy and political analysis show that he remains confident in the growth potential of Bitcoin and high-performance public chains amid current market volatility. He emphasizes seizing low-cost investment opportunities under risk management, making him a noteworthy indicator for crypto investors.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
'Rich Dad Poor Dad' Author: Bitcoin Will Go Up After 'Giant Crash' - U.Today
Robert Kiyosaki warns of an imminent economic crash, suggesting it’s a buying opportunity. He highlights Warren Buffett’s cash reserves and believes prices for gold, silver, and Bitcoin will rise post-crash, despite facing backlash over his investment claims.
UToday5m ago
Spot Bitcoin ETFs Push Inflows to Five-Day Streak, First in 2026
US spot Bitcoin ETFs posted their first five-day inflow streak of 2026, tallying roughly $767.32 million for the week and signaling renewed investor appetite for physical-exposure products amid a volatile macro backdrop. Net inflows on Friday reached $180.33 million, extending a trend that began
CryptoBreaking41m ago
DWF Labs: Traditional Altseason Coming to an End, Institutional Capital Shifting to BTC, ETH, and RWA
Andrei Grachev from DWF Labs points out that the traditional "altseason" is gradually disappearing due to structural changes in the crypto market. Institutional capital increasingly favors Bitcoin and Ethereum, exposing altcoins to higher risks and capital outflows. Over the past 13 months, altcoin market capitalization has declined by over $209 billion.
GateNews48m ago
Bitcoin rose 8.55% this week, potentially marking the largest single-week gain since September 2025
Gate News reported on March 15 that according to Coinglass data, Bitcoin's weekly return rate is currently at 8.55%, with a historical average return rate of -1.03%. Despite the escalating Iran-Israel conflict and prevailing risk-averse sentiment in the market, Bitcoin is poised to record its largest single-week gain since September 2025. During the same period, the S&P 500 index (the benchmark index for the U.S. stock market) declined by 1.60%, with BTC's performance significantly outperforming the U.S. stock market.
GateNews56m ago
Bitcoin Cash Holds Support at $440 but Sellers Remain in Control
Bitcoin Cash (BCH) has corrected to a long-term support zone in the range of $440-$470, which is an area located just below the midpoint of the trading range that BCH has maintained over the past two years. Retesting this long-term support zone could open up an opportunity for a trend reversal in a positive direction.
TapChiBitcoin1h ago
BTC breaks through $73,000, short liquidation intensity will reach $429 million; falls below $70,000, long liquidation intensity reaches $459 million
According to Coinglass data, if Bitcoin price breaks through $73,000, centralized exchanges will face $429 million in short liquidation pressure, while if it falls below $70,000, $459 million in long positions will be liquidated. This reflects the degree of impact price volatility has on the market.
GateNews1h ago
