Inverse Cramer Strikes Again as Jim Tells Caller to Buy the Bitcoin He Sold
Jim Cramer said he sold his Bitcoin over quantum fears, then told a caller to buy Bitcoin directly, as BTC trades near $74,300.
Jim Cramer said he sold his Bitcoin over quantum fears, then told a caller to buy Bitcoin directly, as BTC trades near $74,300.
On the last Friday of July, an Ethereum wallet linked by on-chain analysts to Arthur Hayes suddenly started selling. Within minutes, 2,364 ETH was sent to Cumberland and Galaxy Digital, two major crypto trading firms. The wallet sold at around $1,821 per ETH, crystallizing a loss of roughly $241,000 on coins it had bought only
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The last time he sold was in December 2022 with Bitcoin at $16,800. Will Jim's sales mark the bottom again?
Jim Cramer says he will sell his Bitcoin after IBM's CEO warned quantum computers could crack crypto within four years.

The CNBC host announced the decision on air after interviewing IBM CEO Arvind Krishna, asking him whether quantum computers could eventually crack the cryptography protecting his coins.

Bitcoin held near $63,700 after Jim Cramer said he would sell over quantum fears, while a $1 billion whale transfer drew attention.

The CNBC personality said he’ll sell his Bitcoin holdings due to fears about quantum computing, as some cryptocurrency investors celebrated, referencing the popular “inverse Cramer” meme.


Jim Cramer says he plans to sell all of his bitcoin because he believes quantum computing could break the cryptocurrency’s security within about three years. Cramer Ties Quantum Progress to Bitcoin’s Security The CNBC “Mad Money” host made the comments after a July 30 interview with IBM Chairman and CEO Arvind Krishna. Krishna warned that […]
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