Anthony Scaramucci says a friendlier combination of US policy: rate cuts, looser financial conditions and renewed pressure on crypto legislation could set 2026 as a better bar for “quality” altcoins, even after what he described as an unexpectedly tough 2025 for the sector.
On December 31 interview with Altcoin Daily, the founder of SkyBridge Capital laid out 2025 as the year where positioning and sentiment broke down under selling pressure he said he did not foresee. “There’s probably $4.6 billion in sales this year in ETF demand,” Scaramucci said, arguing that the deleveraging event around Oct. 10 fueled the move.
“There’s been a huge amount of deleveraging. It’s affected some of the market makers. It’s caused a liquidity crisis,” he added, describing the 30% drop as a “garden variety” for bitcoin but still a surprise to bullish traders.
Scaramucci said he now sees the setting improving precisely because the mood has become so negative. “We were bullish, now we’re definitely very bearish,” he said, arguing that his internal “bull gauge” is around 13 or 14 out of 100. The flip side, he argued, is that gradual good news, less selling by large holders, steadier ETF inflows or regulatory progress could be more important than usual.
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A central part of Scaramucci’s thesis was that the market is still waiting for the passage of the US Market Structure Act and that the time frame is of the essence. “I think it’s harmful because there’s still a market expectation that it’s going to pass. I think you need that clarity,” he said of the Clarity Act.
Without that, he argued, serious tokenization efforts are still limited by legal uncertainty: “Who’s going to spend the money you need to switch the financial system if you’re not guaranteed to be able to use it.”
He also linked the policy of the fight to a broader economic claim: “Between, depending on how you measure it, there’s three and a half to $4 trillion worth of transaction verification costs in the global economy annually… If you could cut that, say in half, you could free up $2 trillion in capital spending in other areas of the economy or just better wages for people.”
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Pressed by the prospect of a pass before the midterms, Scaramucci said it should be “north of 50%,” arguing that Democrats have learned “there are no anti-crypto voters,” while crypto-aligned spending can be decisive in tight races.
Scaramucci’s Top 3 Altcoins and Bitcoin Prediction
Asked for his current top three altcoins, Scaramucci listed Solana first, followed by Avalanche and Telegram-linked TON. “My top three coins back then would be Solana, it would be Avalanche and believe it or not… it would be the Telegram token known as Ton,” he said, admitting he was early or wrong with his timing.
He said he first bought TON at $7.50, averaging close to $4.00, while he said it was trading around $1.50 at the time of the interview, but he still sees it as a token that could be used in Telegram’s network as it grows.
On why Solana is number one, Scaramucci put it simply and comparatively: “Cheap, low cost, very fast, easy to use, easy to develop,” he said, adding that he is “not an Ethereum negative person” and expects a “multicoin world.”
Macro is the second pillar. Scaramucci expects “two to four rate cuts” next year and said the midterm president will want a growth lens. “He’s going to flood the zone with capital. He’s going to lower interest rates. He’s going to try to jumpstart the economy,” Scaramucci said. “It’s a good sign for the stock market… for the altcoin market… and… for crypto.”
As for bitcoin, he stuck to his $150,000 call—”I’ve got another year, I think”—and said he recently “bought more Bitcoin” for his family, betting that ETF flows and easier policy can override the hangover from the whale-fueled selloff in 2025.
At press time, the total capitalization of the crypto market was $2.94 trillion.
Featured image created with DALL.E, chart from TradingView.com
