Anthony Scaramuccithe founder and CEO of Skybridge Capitalexpressed his support for Bitcoin BTC/USDbased on a famous line of William Shakespeare’s Play “Romeo and Juliet.”
Scaramucci’s poetic approval
In an X -post, Scaramucci wrote: “It’s the east and Bitcoin is the sun”, referring to the “It’s the Is the East and Juliet Is The Sun” line of the legendary game.
This poetic approval was a response to venture capitalist Tim Draper’s Comments about CNBC, for which he predicted Bitcoin’s dominance compared to other altcoins.
“There are other currencies that will rise as flashes in the pan. But I think we generally have a big trend to Bitcoin,” said Draper.
See also: Bitcoin to reach $ 1.3 million by 2035, bitwise forecasts
Draper noted that Bitcoin’s market dominance, currently in the reach of 58-60%, and predicted that innovations from other platforms would gradually migrate to Bitcoin.
“All these smaller cryptocurrencies experiment and do interesting things. All the great engineers who are to Bitcoin, so there is a gravity to Bitcoin,” he added.
Draper bets big on Bitcoin
Draper has been a vocal advocate for cryptocurrency and his risk capital company Draper Associates Own investments in Bitcoin and Cryptocurrency exchange Coinbase Global Inc. MintAccording to the website of the company.
Earlier in June he predicted that Bitcoin would completely dominate the dollar for the next five years, driven by what he sees as unprecedented innovation on the network.
He predicted earlier in the year that Bitcoin would reach $ 250,000 by the end of 2025 and become the dominant currency in the world.
Price action: At the time of writing, BTC acted according to $ 109,714.04, according to 3.21% in the last 24 hours, according to Data from Benzinga Pro.
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Safeguard: This content was partially produced with the help of Benzinga Neuro and was assessed and published by Benzinga Editors.
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