"Bitcoin Plummets Below $41K, Market Sheds $150B Post-Cramer Endorsement"
Bitcoin's price plummeted 10% below $41,000, causing the crypto market to lose $150 billion in value, coinciding with CNBC host Jim Cramer's supportive comments about the cryptocurrency. The market downturn led to a wave of liquidations totaling $637 million, predominantly from long positions. This event has humorously highlighted Cramer's reputation in the crypto community for inadvertently signaling market downturns with his endorsements. Despite the recent rally that saw Bitcoin surpass $45,000, the market has faced a significant setback.