"Bitcoin Surges Above $45K, Marking a New Year High as Jim Cramer Affirms Its Longevity"

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Source: Decrypt
"Bitcoin Surges Above $45K, Marking a New Year High as Jim Cramer Affirms Its Longevity"
Photo: Decrypt
TL;DR Summary

Jim Cramer, a long-time cryptocurrency skeptic, has acknowledged Bitcoin's resilience on CNBC, calling it a "technological marvel" and recognizing its permanence despite the SEC's opposition. This comes as Bitcoin surpassed $45,000 for the first time since April 2022. Cramer's history of inaccurate predictions has led to an "Inverse Cramer" meme, where people do the opposite of his advice. His recent positive remarks on Bitcoin have stirred concern among some crypto enthusiasts, given his track record. However, Cramer's newfound appreciation for Bitcoin does not extend to the entire crypto market.

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