In a recent high-profile appearance on CNBC’s Squawk Box, Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, doubled down on his bullish outlook for Bitcoin, confidently reiterating his price target of $180,000 to $200,000 by the end of 2025. Speaking live from the Wyoming Blockchain Symposium, Scaramucci declared, “We still maintain our price target between $180,000 and $200,000 by year’s end,” adding that he believes this forecast is “cautious” compared to even more optimistic predictions in the crypto space. “We are going much higher,” he emphasized, igniting excitement among investors and crypto enthusiasts.
This bold prediction comes as Bitcoin trades around $115,000, following a minor dip but within a broader bullish cycle. Scaramucci’s confidence, rooted in institutional adoption and supply dynamics, has reignited discussions about Bitcoin’s potential to soar in the coming months. Let’s break down the key points from his CNBC interview, the reasoning behind his forecast, and what this means for the cryptocurrency market.
Scaramucci’s CNBC Appearance: Key Takeaways
During the Squawk Box segment on August 19, 2025, Scaramucci shared his insights on Bitcoin’s trajectory while attending the Wyoming Blockchain Symposium. His remarks centered on the evolving crypto landscape and the factors driving Bitcoin’s value. Here are the highlights:
- Price Target Reaffirmed: Scaramucci reiterated SkyBridge Capital’s projection that Bitcoin will reach $180,000 to $200,000 by December 2025, describing it as a conservative estimate. He noted that some analysts predict even higher prices, with figures as high as $300,000 by 2026.
- Institutional Adoption Surge: He highlighted the growing presence of institutional investors at crypto conferences, contrasting with earlier events dominated by retail investors. The success of BlackRock’s iShares Bitcoin Trust (IBIT) ETF was cited as evidence of mainstream financial interest.
- Supply and Demand Dynamics: Scaramucci emphasized Bitcoin’s limited supply, with only 450 new Bitcoins mined daily, against a backdrop of soaring demand from institutions, ETFs, and even potential government reserves.
- Broader Context: Beyond Bitcoin, he discussed the Wyoming Blockchain Symposium’s focus on stablecoins, regulatory developments, and the potential for a U.S. strategic Bitcoin reserve under a pro-crypto administration.
The interview, which also touched on Federal Reserve policies and stablecoin innovation, underscored Scaramucci’s belief that Bitcoin’s current consolidation phase is a precursor to a significant breakout.
Why Scaramucci Is Bullish on Bitcoin Reaching $200,000
Scaramucci’s $180,000-$200,000 price target is grounded in several fundamental drivers that he believes will propel Bitcoin’s value in the near term:
- Institutional Inflows: The approval of spot Bitcoin ETFs in 2024 has unlocked billions in institutional capital. Funds like BlackRock’s IBIT and Fidelity’s FBTC have seen massive inflows, creating consistent buying pressure. Scaramucci noted that institutional adoption is now a dominant force, unlike the retail-driven markets of past cycles.
- Bitcoin Halving Impact: The 2024 Bitcoin halving reduced mining rewards, further constricting supply. With only 21 million Bitcoins ever to exist and daily issuance limited to 450 coins, Scaramucci sees a supply-demand imbalance that favors price appreciation.
- Macro Trends: Economic uncertainties, including inflation concerns and potential shifts in U.S. monetary policy, position Bitcoin as a hedge against fiat devaluation. Scaramucci has previously compared Bitcoin’s potential to gold, suggesting it could reach a $15–$20 trillion market cap in the long term, implying prices far beyond $200,000.
- Regulatory Tailwinds: Speculation about a U.S. strategic Bitcoin reserve under a pro-crypto administration (e.g., a potential Trump presidency) adds fuel to the bullish narrative. Scaramucci believes such policies could accelerate adoption and price growth.
- Historical Precedent: Scaramucci’s track record lends credibility. In 2021, he accurately predicted Bitcoin hitting $100,000, and his firm’s early entry into crypto via a Bitcoin fund in 2020 has paid off handsomely.
Bitcoin’s Current Market Context
As of August 19, 2025, Bitcoin is trading at approximately $113,846, down 1.9% in the last 24 hours but up significantly year-to-date. The market is in a consolidation phase following a new all-time high of $108,000 earlier in 2025. Despite short-term volatility, the broader trend remains bullish, supported by ETF inflows, institutional interest, and global adoption milestones like Buenos Aires accepting crypto for taxes.
Scaramucci’s prediction aligns with other bullish forecasts. For instance, Standard Chartered projects Bitcoin could hit $200,000 by year-end, while some analysts, like Anthony Pompliano, suggest $250,000 is possible. Social media posts reflect similar optimism, with some users predicting prices as high as $350,000 this cycle.
What This Means for Investors
Scaramucci’s bold call is a wake-up for both seasoned crypto investors and newcomers:
- Opportunity: A potential 75%+ increase from current levels could yield significant returns for those holding Bitcoin or investing in crypto-related ETFs.
- Risks: Bitcoin’s volatility means short-term dips are possible. Regulatory changes, macroeconomic shifts, or market sentiment could impact the trajectory.
- Action Steps: For those interested, consider secure wallets, regulated ETF products, or diversified crypto portfolios. Always conduct thorough research and consult financial advisors before investing.
Final Thoughts: Is Bitcoin Headed to $200,000?
Anthony Scaramucci’s unwavering confidence in Bitcoin’s $180,000-$200,000 price target by year-end 2025 has electrified the crypto community. His rationale—rooted in institutional adoption, supply scarcity, and macroeconomic trends—paints a compelling picture of Bitcoin’s potential. As he put it, “We are going much higher,” suggesting that even his forecast might be conservative.
With institutional heavyweights, pension funds, and now governments like Buenos Aires embracing crypto, Bitcoin’s march toward mainstream acceptance is undeniable. Whether it hits $200,000 by December or takes longer, Scaramucci’s prediction underscores a pivotal moment for the asset. Stay tuned for more Bitcoin price updates, crypto news, and market analysis as this bullish cycle unfolds.
Disclaimer: This article is for informational purposes only and not financial advice. Cryptocurrency investments carry risks.