Jim Cramer says ‘Bitcoin cannot be killed’
Jim Cramer is a media personality known for his energy and stock market advice on CNBC’s “Mad Money.” Cramer has also become a notable voice in the world of cryptocurrencies, usually showing a bearish bias on Bitcoin (BTC). However, although his stance on the leading cryptocurrency has fluctuated over time, his latest comments signal a pivotal belief in Bitcoin’s resilience. During a recent appearance on CNBC ‘s “Squawk on the Street,” Jim Cramer discussed Bitcoin reaching new highs, cruising above $45,900 on January 2. According to the investor, the buzz around potential Bitcoin spot ETF approvals significantly drove this rally. Interestingly, he observed that investors could look for it as a selling opportunity, hinting at a possible sell-off scenario following the ETF hype. “The people who are in it for that will use that chance to sell.” — Jim Cramer Cryptocurrency Bitcoin and Ethereum short-squeezed on January 2 f...