Jim Cramer, the ex-hedge fund manager and host of CNBC’s “Mad Money,” stated on a recent broadcast that he believes bitcoin is “Topping Out”, contrasting with his previous assertion that bitcoin is “here to stay.”
Jim Cramer said, “Let’s stop fooling around. If you want bitcoin, buy bitcoin. (But) I think bitcoin’s topping out.”
On Monday, Bitcoin surged by up to 8% before retracting some of its gains, touching a peak of $47,100, a level not seen since April 2021.
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