1d ago

Bitcoin To $1m? Scaramucci Predicts $21t Market Cap

SkyBridge Capital founder Anthony Scaramucci (@Scaramucci) has laid out an ambitious long-term case for $BTC, predicting the asset could reach a $21 trillion market capitalisation — a level that would imply a price of roughly $1 million per coin.

Scaramucci argues that Bitcoin has matured into a credible store of value, drawing comparisons to gold as a hedge against currency debasement. He also pointed to accelerating institutional adoption across global markets as a key driver behind his outlook.

The forecast places Bitcoin's potential market cap in the same territory as gold, which currently sits at approximately $22 trillion according to data from World Gold Council estimates. Scaramucci has previously made the gold comparison central to his Bitcoin thesis, suggesting the two assets are increasingly competing for the same pool of institutional capital.

While the $1 million price target remains a long-term projection, it reflects a broader shift in how institutional voices are framing Bitcoin's role in global finance — less as a speculative trade and more as a macro asset class in its own right.

Bitcoin To $1m? Scaramucci Predicts $21t Market Cap

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