Scaramucci Admits Crypto Bear Market—But Predicts Big Shift Ahead

• Scaramucci confirms crypto bear market but sees demographic shift
• Older institutional capital still favors gold over Bitcoin
• Generational wealth transfer may reshape crypto market trajectory

SkyBridge Capital founder Anthony Scaramucci has acknowledged that cryptocurrency markets are in a bear phase. However, he believes a broader capital transition could define the next major cycle. In a recent post on X, Scaramucci stated that the debate should not center on whether a downturn exists. Instead, he argued that the real issue is how long the weakness will persist. According to Scaramucci, the current environment reflects demographic realities rather than structural collapse.

Bitcoin had been widely positioned as a hedge against fiat currency debasement. Yet its recent performance has not aligned with that expectation. He noted that if markets were reacting purely to currency fears, Bitcoin would likely be trading significantly higher. However, he identified a generational imbalance in capital control as a central factor. Investors in their sixties still oversee a substantial share of institutional funds. Consequently, many continue directing allocations toward traditional safe havens such as gold and silver.

At the same time, Scaramucci described digital assets as largely supported by younger capital. Younger investors tend to embrace emerging technologies more rapidly. Older institutions, by contrast, often rotate capital cautiously and prioritize capital preservation.

Also Read: Aztec (AZTEC) Price Prediction 2026–2030: Can AZTEC Hit $0.1450 Soon?

Generational Capital Divide Shapes Market Momentum

Scaramucci emphasized that this demographic tension influences current allocation trends. According to him, until wealth gradually transfers across generations, institutional adoption may remain uneven. Moreover, he stressed that market cycles usually end through exhaustion rather than sudden collapse. Having navigated nine bear markets during his Wall Street career, he expressed little concern about persistent pessimism. He added that extreme bearish sentiment frequently acts as a counter indicator.

Additionally, he advised investors to remain solvent and avoid leverage during downturns. He underscored that psychological resilience determines who withstands prolonged corrections. Earlier this year at the World Economic Forum, Scaramucci revised his Bitcoin outlook. He lowered his previous $170,000 forecast and now expects Bitcoin to reach $150,000 in 2026. He acknowledged that optimism surrounding regulatory reform faded more quickly than many anticipated.

Legislative gridlock in Washington over the Digital Asset Market Clarity Act contributed to weaker sentiment. Consequently, the absence of regulatory clarity slowed broader institutional engagement. Despite ongoing weakness, he maintains that generational wealth transfer could gradually redirect capital toward digital assets in future cycles.

Also Read: XRP Records Largest Realized Loss Spike Since 2022 as $1.93B Capitulation Hits Network

The post Scaramucci Admits Crypto Bear Market—But Predicts Big Shift Ahead appeared first on 36Crypto.