The popular US host, Jim Cramer, stated that he is skeptical of the latest rise in Bitcoin.
Jim Cramer evaluated the market in the light of recent developments in his Mad Money program on CNBC. While talking about the situation of traditional markets these days when America is on the brink of the banking crisis, he also made statements about Bitcoin, which emerged from the process with a rise.
In his statements that continue his critical stance on Bitcoin, Cramer talks about the price activity experienced. that you are worried and this rise not positive expressed. living in your words bear season He also attributed Bitcoin’s decentralization to difficulties in regulation and controllability.
In his statements, he said that he believes Bitcoin has been manipulated by large institutions, banks and wealthy people. He also told the audience during his program “Please do not defend me that Bitcoin has not been manipulated.” he exited.
This is his assessment of Bitcoin. $24,800on the rise “I would sell my Bitcoins in this rally.He ended with the words ”.