In an interview with CNBC on January 30, Anthony Scaramucci—Founder and Co-Managing Partner at SkyBridge Capital and former White House Communications Director—provided fresh insight into the Trump administration’s emerging approach to Bitcoin and cryptocurrencies, highlighting potential regulatory shifts and the possibility of a US strategic reserve.
Scaramucci began by addressing the recent market downturn, which some attributed to “Deepseek drama,” an apparent catalyst for short-term volatility. Still, he pointed out that Bitcoin’s current price remains notably higher than it was before Election Day: “We’ve had a 50-ish percent rise in most of them, specifically Bitcoin… which I think topped at around $109,000. So a healthy correction made sense. And I think the market was really just looking for some type of news. And of course this AI news was perceived negatively in the US.”
According to Scaramucci, the new administration’s policies represent a stark departure from what he characterized as the previous White House’s “very anti-crypto position.” Comparing the Biden era to the current Trump administration, he suggested that the regulatory stance has flipped. “We were in a very anti-crypto position… in the Biden administration. And now we’re going to almost the exact opposite in the Trump administration. So I like—I, you know, very bullish this year for most of these coins.”
A Bipartisan Strategic Bitcoin Reserve
Yet, despite the rhetoric, Scaramucci acknowledged that Bitcoin’s price has slipped since President Trump took office, attributing part of this to short-term disappointment among traders who expected immediate, sweeping pro-Bitcoin action. One of the most notable revelations concerned the idea of a strategic Bitcoin reserve. Scaramucci emphasized that Crypto Czar David Sacks aims to build a lasting, bipartisan framework:
“What David Sacks is doing is he wants to build a broad-based coalition that would include Democrats and Republicans to make something like a Bitcoin strategic r
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Author: Jake Simmons