Bitcoin Price Soars Past $67K as Scaramucci Predicts 'Digital Gold' Could Hit $170K

Bitcoin is surging in price, topping $67,000, as demand outpaces the limited daily supply of only 900 new coins.

Scaramucci sees Bitcoin as a long-term "value store" like Berkshire Hathaway stock, predicting it could hit $170,000 in the next year.

Driving the rally is a combination of speculation and understanding of Bitcoin's potential as a "digital gold" as adoption grows.

Bitcoin has historically been volatile as an early-stage tech investment, but Scaramucci expects less volatility over time.

Scaramucci argues a 2nd Biden term would provide political stability beneficial for Bitcoin, contrasting the risk he sees in another Trump presidency.