Closing Bell

Closing Bell Overtime 2/6/26

Feb 6, 2026
Anthony Scaramucci, founder and managing partner of SkyBridge Capital and cryptocurrency commentator. He discusses Bitcoin's recent volatility and what drives big price swings. He explains ETF impacts and miner behavior. Short, lively takes on buying the dip and where Bitcoin fits in market cycles.
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ADVICE

Hedge Tech Risk With Credit Positions

  • Use credit positions as hedges against equity downside amid tech-led volatility.
  • Dirk Willer recommends selective hedges rather than wholesale exits from the AI trade.
ANECDOTE

Scaramucci Bought The Dip

  • Anthony Scaramucci compared Bitcoin to early tech adopters and said he bought more during the pullback.
  • He framed Bitcoin as a long-term option on the currency system and remains bullish despite volatility.
INSIGHT

Institutionalization Didn’t Remove Bitcoin Volatility

  • Bitcoin still shows classic cyclical volatility despite institutional adoption and ETFs.
  • Scaramucci says liquidity events and leveraged selling drive sharp moves, keeping volatility intact.
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