Anthony Scaramucci, founder of SkyBridge Capital, in an interview with CNBC, stated that Bitcoin (BTC) is 'clearly in a bear market,' yet it has demonstrated more resilience compared to past downturns.
He noted that during the nine bear markets he has witnessed over his 37-year investment career, declines typically ranged from 75% to 80%, whereas this time it has been contained to about 55%...