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Scaramucci says Bitcoin meets all criteria for money, fueling bullish outlook amid institutional interest.

Market News
19 Apr 2026
Benzinga
View Source
Bullish
pluang ai news

Anthony Scaramucci, founder of SkyBridge Capital, stated that Bitcoin fulfills every characteristic that defines money, such as trust, scarcity, and ease of transfer, which supports his bullish stance on the cryptocurrency. He highlighted Bitcoin's decentralized trust system and its capped supply of 21 million coins, making it faster and easier to store than gold. Scaramucci also noted growing institutional involvement, with firms like Morgan Stanley entering the Bitcoin market and Goldman Sachs filing for a Bitcoin ETF. Despite some criticism from economists, Bitcoin remains the most used cryptocurrency for payments and is accepted by a significant number of U.S. merchants, indicating its growing adoption and relevance in financial portfolios worldwide.

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