Anthony Scaramucci, founder of US asset management firm SkyBridge Capital, predicted that Bitcoin could reach $1 million in the long term. According to U.Today, he explained, "Bitcoin has built its own independent trust system based on decentralization and network structure over the past 16 years, and it has now established itself as a global institutional investment asset. Especially with the recent entry of major financial institutions, including Morgan Stanley, the speed at which it is becoming a standard asset in individual and institutional investment portfolios is accelerating."
