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I’m a ‘crypto bug’ as a hedge, but it could fall further

by All News Admin
June 7, 2021
in Finance
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Jim Cramer

Scott Mlyn | CNBC

CNBC’s Jim Cramer mentioned Monday he is a “believer in cryptocurrency” however believes it might fall additional.

“I’ve all the time been a gold bug, however now I am a little bit of a crypto bug simply as a hedge,” Cramer mentioned on “Squawk on the Avenue.” “I do not swear by it.”

Cramer’s feedback come days after the world’s largest bitcoin convention was held in Miami.

In the course of the multiday convention, El Salvador President Nayib Bukele introduced plans to undertake bitcoin as a authorized tender, which might make the nation the world’s first sovereign nation to take action.



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