Scaramucci Buys Bitcoin Amid Market Dip, Calls Trump a ‘Crypto President’

Anthony Scaramucci, founder of SkyBridge Capital, revealed Wednesday that his firm has been actively buying Bitcoin at multiple price points, including $84,000, $63,000, and at lower levels during the current market downturn.

Speaking at Consensus Hong Kong with Bullish CEO Tom Farley, Scaramucci said, “Ten days ago we were buying Bitcoin at 84,000, last week at 63,000, and we continue to be buyers in this market.” He acknowledged the risks, likening buying in a falling market to “catching a falling knife.”

Bitcoin recently fell to nearly $60,000 after peaking above $126,000 in October. Since then, the price has recovered modestly to around $69,000 amid signs of capitulation in the Bitcoin ETF market.

On the political side, Scaramucci praised former President Donald Trump as “much better for crypto” than his predecessor. He noted, however, that some of Trump’s controversial moves—such as his Greenland proposals—can provoke opposition Democrats to block crypto-related initiatives.

“The Greenland situation, believe it or not, is tied to the industry,” he explained. “Moves like that upset the opposition so much that they’ll block crypto bills just to oppose Trump, even if it hurts themselves.”

Scaramucci also highlighted Solana as a Layer 1 blockchain with strong potential to capture significant market share in the coming years.