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Anthony Sacramucci: Trump will crash the crypto market, but BTC will benefit from it

6:40 pm, February 6, 2025

Digital asset market analysts expect the industry to fall further due to political uncertainty, in particular Donald Trump’s statements on trade duties. Investors are disappointed with the lack of progress in creating a bitcoin reserve in the United States, which, in turn, contributes to market instability.

SkyBridge Capital CEO Anthony Scaramucci noted that Trump’s actions may cause temporary «turbulence,» but in the long run, cryptocurrencies, including bitcoin BTC $78,476.03 Bitcoin -3.77% Market capitalization $1.56 trillion VOL. 24 hours $6.9 billion , will benefit. Trader Geo Chen believes that the crypto market will avoid risks amid trade conflicts, and some crypto assets may fall by 50% from January highs, although a recovery is expected later.

QCP Group experts warn of high volatility caused by geopolitical risks and a lack of positive factors for cryptocurrencies. They emphasize that risk management is key for investors in the current situation.

In turn, Bitwise manager Jeff Park notes that Trump’s tariff policy is aimed at weakening the dollar without raising long-term interest rates. According to him, this could lead to additional money issuance by the US authorities, which is traditionally a positive factor for bitcoin.

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BTC

$78,476.03

-3.77%

ETH

$1,550.76

-8.49%

BNB

$553.66

-2.89%

XRP

$1.90

-7.60%

SOL

$106.24

-5.74%

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