SkyBridge Capital CEO Says Some IT Giants Have Fallen More than BTC
According to Anthony Scaramucci, CEO of SkyBridge Capital, Bitcoin has suffered less damage compared to the shares of some technology giants.
He has said that if the largest digital currency in annual terms fell by 64%, then Tesla shares, for example, fell by 69%.
He has linked the dominance of negative sentiment in the crypto sphere with the bankruptcy of many blockchain companies, including FTX and the Terra ecosystem. However, BTC has survived as an asset class, and this is a positive signal for the market.
He has said that Bitcoin is gradually maturing, and more and more investors are beginning to consider cryptocurrency as a promising tool.