"Bitcoin Breaks $45K, Rallying to a Two-Year High as Confidence Grows"

Jim Cramer, known for his show "Mad Money" on CNBC, has shifted his stance on Bitcoin, acknowledging it as a "technological marvel" and asserting its permanence in the financial landscape. This change of heart comes as Bitcoin's price surged above $45,000 and in anticipation of potential U.S. regulatory approval for a spot Bitcoin ETF. Despite his newfound recognition of Bitcoin's resilience, Cramer remains cautious, hinting that the ETF approval might lead to a "sell the news" scenario. The SEC is expected to make decisions on several ETF applicants by January 10.