Jim Cramer Says He Likes Bitcoin, But Isn’t Fond Of The ‘Cabal’ Trying To Keep BTC Above $90,000

Jim Cramer, market commentator and popular media personality, expressed concerns on Wednesday that a “cabal” is attempting to keep Bitcoin (CRYPTO: BTC) above $90,000, while also criticizing derivatives.

Cramer Likes Bitcoin

In an X post, Cramer suspected that a “cabal” is propping Bitcoin above $90,000, implying that he expected further downsides for the apex cryptocurrency.

“I like Bitcoin but I do not like any of the derivatives created to play it or game it or mine it.” the host of CNBC’s “Mad Money” segment said.

The Supporters And Critics

Richard Farr, Chief Market Strategist for Pivotus Partners, agreed with Cramer, suggesting a “major marketing …

Full story available on Benzinga.com