According to a new interview, Skybridge Capital founder Anthony Scaramucci made a bold comparison between today’s Bitcoin market and a famous land agreement from 1626.
He said that investors who buy BTC will now meet big swings just like the first to try any new asset. In his opinion, these shocks along the way are part of getting in early on something big.
Early bitcoin -buying analogy
Scaramucci pointed it out Peter Midnight Bought Manhattan Island for only 60 Dutch Guilder, or about $ 24 at that time. Based on reports, land in Manhattan today costs millions.
He used that gap to claim that it feels like a bargain. Minuit’s business grew into one of the world’s most valuable real estate markets. Bitcoin, he believes, can follow a similar path.
Only in: Anthony Scaramucci is compared #Bitcoin To $ 100,000 to buy Manhattan 1690
“This is digital property. You see either that, or you don’t.” 🔥 pic.twitter.com/do4hhx1inv
– Bitcoin -historian (@Pete_rizo_) July 10, 2025
Volatility and risks of early adopter
Investors in Bitcoin know that sharp price fluctuations can happen at any time. The best crypto supply has thrown 70% or more under previous cycles, just to recover later. Scaramucci said that type of ride is what pioneers registered for.
He warned that anyone who can’t handle sudden drops can go out before the next rally. At the same time, those who stop could see big profits.
Image: Benny Marty/Shutterstock.com
According to market data met bitcoin a Record high $ 118,200 today Before sliding back to $ 111,120. Trade volume increased as it was reached. It is a reminder that each rally brings their own tests.
Altcoin limelights on Solana
While Scaramucci’s focus is on bitcoin, he revealed that his best option is Soana. Based on reports, he said Sol’s speed and low fees make it useful for more than just trading. That choice shows that he is investing some of his profits on other networks. Many investors follow a similar playlist: put most money in bitcoin and a smaller proportion in projects that can grow faster.
Regulatory and market challenges in the future
Scaramucci did not stay away from risks beyond price fluctuations. He mentioned that US regulatory authorities still decide how to treat crypto. Data shows that all new rules for exchanges or tokens can shake up the market. He also flagged the chance for a major sale if financial concerns go again.
Bitcoin market still matures
He claimed that bitcoin is still in his childhood. By comparing it with Manhattan in 1690 – before any tall buildings existed – Scaramucci wants to show that there is room to grow.
https://www.youtube.com/watch?v=duqhkxazvc
He predicted a BTC price of $ 200,000 before year. These figures suggest that he sees at least 80% jumps from current levels. Whether this happens will depend on more companies and people who use crypto over time.
Image from Unsplash, charts from TradingView
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