Scaramucci: Bitcoin to Reclaim $100K Before 2028 Halving

BitcoinWorld Scaramucci: Bitcoin to Reclaim $100K Before 2028 Halving SkyBridge Capital founder Anthony Scaramucci said in a recent CNBC interview that Bitcoin is likely to climb back above the $100,000 mark before its next halving, which is expected to occur around April 2028.

Scaramucci, a well-known Bitcoin advocate and former White House communications director, attributed his outlook partly to the supply-reduction effect of the halving event.

Understanding the Halving’s Impact Bitcoin’s halving is a pre-programmed event that cuts the block reward miners receive for validating transactions by 50%. The next halving will reduce the reward from 3.125 BTC to 1.5625 BTC per block.

This mechanism is designed to control Bitcoin’s supply, making it more scarce over time. Historically, previous halvings have been followed by significant price rallies, though the exact timing and magnitude have varied.