Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800. #togrp7

Anthony Scaramucci, founder and managing partner at global asset management firm Skybridge Capital, shared his firm’s predictions on the fair market values of bitcoin (BTC) and ether (ETH) in an interview with Marketwatch, published Tuesday.

“According to our fair market value metrics based on adoption, wallet size, use cases, growth of wallets, we think the fair market value for bitcoin right now is about $40,000.”

He added that ether’s fair market value stands at around $2,800.

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