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Jim Cramer Says US Debt Makes Bitcoin & ETH a Strong Bet


by Juhi Mirza
for Watcher.Guru
Jim Cramer Says US Debt Makes Bitcoin & ETH a Strong Bet

Jim Cramer is all praises for Bitcoin and Ethereum as of late. Cramer, in his recent interview with CNBC, stated that Bitcoin and Ethereum have emerged stronger than ever now. The finance expert went a mile ahead to call himself a “believer” of both the assets, explaining how these two tokens have now started to acquire a new safe haven identity amid all the economic chaos.

Also Read: How Many Years Until the Dollar Loses Its Strength?

Cramer “Believes” In Bitcoin And Ethereum

Jim Cramer Says XRP, Solana and Dogecoin are Cons
Source: Investopedia

Cramer, in his latest interview with CNBC, shared his opinion on Bitcoin and Ethereum. Touting himself as a serious believer of both assets, Cramer shared how BTC and ETH are great options to explore as new safe haven assets in the current market scenario. The inflating US debt metrics have now gone out of control, with Jim Cramer adding how he has little faith that this development may ever gain stable control.

“Well, it just continues to be. Anytime you ever hear about what size the deficit is, or David, you know that the trillions of dollars in interest have made a lot of younger people feel this and Ethereum are better places to be. I’m a huge believer in this, by the way, because I have very little faith that we’re going to be able to grow our way out. I cannot think about how we’re going to grow our way out of our situation yet. Maybe.”

He later shared how Bitcoin can beat the “financial armageddon,” claiming how the token’s resilience can help tackle the current economic woes.

“I’ve not been able to figure out a way. So it’s a great hedge against them. It conceivably is. Right. But if there’s financial Armageddon, Bitcoin hangs in there, you think?”

Bitcoin and Ethereum Continue to Grow

Bitcoin and Ethereum, both tokens, have been performing spectacularly well in the current market scenario. Bitcoin has once again claimed $119K, with Ethereum rallying massively towards $5k. With such bullish waves washing over the market, both assets are poised to perform better in due time.

Also Read: Goldman Sachs: Dollar Forecast Warns Currency Could Turn Even Riskier

Read the article at Watcher.Guru

Read More

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Trump’s Thumzup Media Secures $50M and Coinbase Partnership to Grow XRP Treasury

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Jim Cramer Says US Debt Makes Bitcoin & ETH a Strong Bet


by Juhi Mirza
for Watcher.Guru
Jim Cramer Says US Debt Makes Bitcoin & ETH a Strong Bet

Jim Cramer is all praises for Bitcoin and Ethereum as of late. Cramer, in his recent interview with CNBC, stated that Bitcoin and Ethereum have emerged stronger than ever now. The finance expert went a mile ahead to call himself a “believer” of both the assets, explaining how these two tokens have now started to acquire a new safe haven identity amid all the economic chaos.

Also Read: How Many Years Until the Dollar Loses Its Strength?

Cramer “Believes” In Bitcoin And Ethereum

Jim Cramer Says XRP, Solana and Dogecoin are Cons
Source: Investopedia

Cramer, in his latest interview with CNBC, shared his opinion on Bitcoin and Ethereum. Touting himself as a serious believer of both assets, Cramer shared how BTC and ETH are great options to explore as new safe haven assets in the current market scenario. The inflating US debt metrics have now gone out of control, with Jim Cramer adding how he has little faith that this development may ever gain stable control.

“Well, it just continues to be. Anytime you ever hear about what size the deficit is, or David, you know that the trillions of dollars in interest have made a lot of younger people feel this and Ethereum are better places to be. I’m a huge believer in this, by the way, because I have very little faith that we’re going to be able to grow our way out. I cannot think about how we’re going to grow our way out of our situation yet. Maybe.”

He later shared how Bitcoin can beat the “financial armageddon,” claiming how the token’s resilience can help tackle the current economic woes.

“I’ve not been able to figure out a way. So it’s a great hedge against them. It conceivably is. Right. But if there’s financial Armageddon, Bitcoin hangs in there, you think?”

Bitcoin and Ethereum Continue to Grow

Bitcoin and Ethereum, both tokens, have been performing spectacularly well in the current market scenario. Bitcoin has once again claimed $119K, with Ethereum rallying massively towards $5k. With such bullish waves washing over the market, both assets are poised to perform better in due time.

Also Read: Goldman Sachs: Dollar Forecast Warns Currency Could Turn Even Riskier

Read the article at Watcher.Guru

Read More

Bitcoin (BTC) Rebounds, New ATH Arrives! What to Expect from Bitcoin Price Next? Here's the Reason for the Rise and Analysts' Latest Predictions!

Bitcoin (BTC) Rebounds, New ATH Arrives! What to Expect from Bitcoin Price Next? Here's the Reason for the Rise and Analysts' Latest Predictions!

Bitcoin set a new ATH, and Ethereum is very close to a record high. Will BTC and ETH ...
Trump’s Thumzup Media Secures $50M and Coinbase Partnership to Grow XRP Treasury

Trump’s Thumzup Media Secures $50M and Coinbase Partnership to Grow XRP Treasury

Trump-linked Thumzup Media has announced a $50 million raise alongside an expanded al...