Jim Cramer Predicts Bitcoin's Imminent Demise — Will His Record For Getting It Wrong Continue?

Jim Cramer called Bitcoin (CRYPTO: BTC) a "strange animal" and suggested that it is being "manipulated up".

Highlights

Jim Cramer called Bitcoin (CRYPTO: BTC) a “strange animal” and suggested that it is being “manipulated up” Cramer argued that there is no clear use case for Bitcoin.
Comments follow the bailout of two major U.S.
lenders, Silicon Valley Bank and Signature.
Cramer is known for making inverse calls, and his recommendations have sometimes led to the creation of memes and indexes.
The Inverse Cramer Index, launched in 2017, has gained 105.31% since its inception.
The recent announcement by authorities that deposits in failed banks would be protected led to a surge in Bitcoin’s price.

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