Faced with Bitcoin’s recent slowdown and sharp decline, Wall Street financier and SkyBridge Capital founder Anthony Scaramucci stated that despite Bitcoin’s significant retracement, he continues to buy more.
During a discussion with Bullish CEO Tom Farley at the “Consensus 2026” conference in Hong Kong, Anthony Scaramucci said:
“Ten days ago, we bought Bitcoin at $84,000; when it dropped to $63,000 last week, we kept buying; and this week, we are still buyers of Bitcoin.”
Looking back at the market trend, Bitcoin surged to a record high of $126,000 in October last year, then steadily declined, recently nearly falling below $60,000. Although it has slightly rebounded to around $67,000, spot Bitcoin ETFs are experiencing a selling wave, indicating that market confidence remains fragile.
However, Anthony Scaramucci also admitted that buying Bitcoin during a downtrend is like “catching a falling knife,” testing investors’ courage and endurance.
Regarding the White House’s attitude toward cryptocurrencies, Anthony Scaramucci gave high praise to Trump, believing his policies are more favorable for industry development than his predecessor. But he then shifted tone, pointing out Trump’s “trick plays” in international politics, such as the ambition to annex Greenland, which could turn crypto legislation into a casualty of bipartisan struggles. He said:
“Believe it or not, crazy statements like ‘buying Greenland’ could actually influence the entire cryptocurrency industry.”
Anthony Scaramucci further pointed out that Trump’s actions might anger the Democrats, leading them to adopt a mindset of “prefer to see both sides suffer rather than let him win on any issue,” and thus cast opposition votes on crypto legislation just to oppose Trump.
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