Jim cramer on crypto currency

jim cramer on crypto currency

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Markets commentator Jim Cramer has tacitly admitted he was wrong about Bitcoin (BTC), saying he was premature in calling for investors to sell. Jim Cramer, the renowned host of CNBC's "Mad Money," has recently lauded Bitcoin, calling it a "technological marvel" that is here to stay. millionbitcoin.net � /01/17 � jim-cramer-the-buzz-around-bitcoin-etps-is.
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  • jim cramer on crypto currency
    account_circle Tulmaran
    calendar_month 16.09.2021
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    account_circle Shakara
    calendar_month 21.09.2021
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This positive momentum is largely attributed to industry optimism surrounding the potential approval of a spot Bitcoin exchange-traded fund ETF by the U. The SEC's move will give regular investors more access to cryptocurrency � a notoriously erratic asset � and may help to carve out its place in mainstream finance. To be sure, the former hedge funder wasn't a full-on bull on bitcoin this morning, saying not everyone long now is in it for the long haul and suggesting that the spot ETF approvals could be a "sell the news" event. Jim Cramer, the host of CNBC's Mad Money, has reversed his opinion on Bitcoin and is now urging investors to reconsider their positions as the cryptocurrency reaches its highest value in a year and a half.