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Bitcoin
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Ethereum
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$4,316.44 0.80568
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BNB
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$850.89 1.01057
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Solana
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$204.62 0.59425
Solana price
XRP
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Shiba Inu
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Pepe
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Bonk
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dogwifhat
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Bitcoin
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$111,238.00 1.10566
Bitcoin price
Ethereum
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$4,316.44 0.80568
Ethereum price
BNB
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$850.89 1.01057
BNB price
Solana
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Solana price
XRP
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Shiba Inu
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Pepe
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Bonk
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dogwifhat
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Popcat
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Bitcoin
Bitcoin (BTC)
$111,238.00 1.10566
Bitcoin price
Ethereum
Ethereum (ETH)
$4,316.44 0.80568
Ethereum price
BNB
BNB (BNB)
$850.89 1.01057
BNB price
Solana
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$204.62 0.59425
Solana price
XRP
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$2.84 1.39292
XRP price
Shiba Inu
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$0.0000124 2.70123
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000097 2.36717
Pepe price
Bonk
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$0.0000201 4.04765
Bonk price
dogwifhat
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dogwifhat price
Popcat
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$0.242369 3.09162
Popcat price

Jim Cramer: Bitcoin cannot be killed, is here to stay

Brian Stone
Edited by
News
Jim Cramer: Bitcoin cannot be killed, is here to stay

Economic analyst Jim Cramer asserts that Bitcoin’s recent resilience and technological prowess signal its permanence as it surges past $45,000 amid anticipation of a spot Bitcoin ETF approval.

He confidently stated, “You can’t kill Bitcoin,” and emphasized its permanence, declaring it “here to stay.” Cramer further commended Bitcoin (BTC) as a “technological marvel” due to its perseverance despite challenges.

The context for Cramer’s comments lies in Bitcoin’s recent surge above $45,000, a milestone not reached since 2022. The anticipation of imminent approval for a spot Bitcoin ETF is seen as a potential catalyst that could drive the cryptocurrency’s price even higher, with expectations for approval as early as next week.

Cramer’s optimism is rooted in the remarkable resilience Bitcoin has displayed over the past year, even in the face of regulatory scrutiny from entities like the US Securities and Exchange Commission (SEC) and its chair, Gary Gensler. Cramer’s belief in Bitcoin’s longevity contrasts with the skepticism expressed by some notable figures, including the late Charlie Munger.

Despite Jim Cramer’s bullish stance on Bitcoin, the Inverse Cramer theory suggests caution. Some investors might interpret Cramer’s optimism as a contrarian indicator, sparking concern about market overheating. According to this theory, when Cramer expresses confidence, it could prompt a shift in sentiment, with investors turning bearish and selling positions.