Jim Cramer, the host of CNBC's Mad Money show, has caused a stir in the Bitcoin community with his recent tweets about cryptocurrency. Despite his track record of influencing the market in the opposite direction of his predictions, Cramer published a bullish tweet about Bitcoin's future. Elon Musk even responded to the tweet, and shortly after, Bitcoin experienced a 7% drop in value. Cramer later clarified that he has owned and supported cryptocurrencies since the early days of his financial media company, The Street, which was established in 1996. The crypto community urged Cramer not to talk about Bitcoin unless he was predicting a price decrease, highlighting their skepticism regarding his influence on the market.
- Content Editor ( u.today )
- 2024-11-26
‘I Have Owned and Backed Crypto’ Since Very Early Times: Jim Cramer