Scaramucci attributed the Bitcoin (BTC) decline to two reasons
l founder Anthony Scaramucci attributed the decline of Bitcoin (BTC) to Grayscale and FTX. Leading cryptocurrency Bitcoin (BTC) tested $49,000 with the approval of spot Bitcoin ETFs. Many crypto actors said that the bull run has begun and BTC will exceed $50 thousand. Spot Bitcoin ETFs achieved $4.6 billion in volume on the first trading day on January 11, increasing bullish expectations. While the crypto market was progressing positively, it was surprising that BTC fell from its peak of $ 49 thousand to $ 41 thousand 500. BTC has fallen 14 percent since January 11. SkyBridge Capital founder Anthony Scaramucci explained the reasons behind the BTC decline. Scaramucci addresses Bitcoin (BTC) decline SkyBridge Capital founder Anthony Scaramucci discussed the recent decline of Bitcoin (BTC) in an interview with Bloomberg. Scaramucci stated that Grayscale's GBTC product was behind the decline. The famous name of the crypto industry pointed out FTX as another reason for the decline.
