SkyBridge Capital founder Anthony Scaramucci expects Bitcoin (CRYPTO: BTC) to grind higher through the end of 2026 as U.S. market-structure legislation faces a difficult path through the Senate.

Bitcoin Bear Market May Have Further To Run In an interview with Risk Takers on July 18, Scaramucci said crypto entered a bear market in October 2025 after what he described as a relatively shallow bull cycle.

He added that another 25% to 30% decline could be required to complete a more conventional crypto downturn.

Factors like spot ETFs, retail demand and incremental institutional buying are supporting BTC price.

Scaramucci expects Bitcoin to finish the year above current levels, even without the passage of the CLARITY Act.