The market is closed on Monday for Martin Luther King Jr. Day. Then, earnings from Goldman Sachs, Morgan Stanley, United Airlines, Netflix, and Procter & Gamble. Read More...
Reuters
Davos 2023: Scaramucci’s SkyBridge bets on $35k bitcoin, targets credit
SkyBridge Capital is betting on a sustained turnaround in cryptocurrency markets in 2023, the firm’s founder Anthony Scaramucci said, while admitting this view was “overly bullish”. “If bitcoin could trade back to $35,000, SkyBridge is going to have an amazing year,” Scaramucci told the Reuters Global Markets Forum in Davos, Switzerland. January’s crypto rally could be sustained as 2023’s “halving”, when the number of new bitcoins released is cut in half, will constrain supply and drive prices higher, he said.
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