Anthony Scaramucci credits Treasury intervention at the long end of the yield curve for Bitcoin's 14% weekly rally, dismissing legislative catalysts in favor of a liquidity-based market thesis.
SkyBridge Capital founder Anthony Scaramucci attributes Bitcoin's recent 14% weekly surge to Treasury Secretary Bessent's commitment to stabilize the long end of the yield curve. While Bitcoin trades near $86,000, Scaramucci views the rally as a liquidity-driven response to fiscal signals rather than legislative developments like the Clarity Act.
He argues that signals of government intervention at the long end of the Treasury curve imply underlying fiscal and monetary fragility, which increases the appeal of fixed-supply assets like Bitcoin.
As of late September 2026, Bitcoin is up 14% over the week and 11% over the month, though it remains down 23% over the trailing twelve-month period.