{"id":101073,"date":"2026-06-11T03:18:07","date_gmt":"2026-06-11T03:18:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=101073"},"modified":"2026-06-11T03:18:07","modified_gmt":"2026-06-11T03:18:07","slug":"jim-cramer-describes-bitcoin-gold-as-bad-money-getting-dumped-for-spacex-but-good-money-apple-and-nvidia-not-spared-either","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=101073","title":{"rendered":"Jim Cramer Describes Bitcoin, Gold As &#8216;Bad Money&#8217; Getting Dumped For SpaceX \u2014 But &#8216;Good Money&#8217; Apple And Nvidia Not Spared Either"},"content":{"rendered":"<div>\n<p>Market commentator and popular media personality\u00a0<strong>Jim Cramer<\/strong> dubbed <strong>Bitcoin <\/strong><a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) and gold as \u201cbad money\u201d on Wednesday, which are getting dumped to participate in <strong>SpaceX\u2019s<\/strong> <a href=\"https:\/\/www.benzinga.com\/analyst-stock-ratings\/analyst-color\/26\/06\/53126126\/spacex-is-targeting-a-28-5-trillion-market-heres-how-it-breaks-down\">upcoming IPO<\/a>.<\/p>\n<h2 class=\"wp-block-heading\">Good Vs. Bad<\/h2>\n<p>In an X post, Cramer posited that investors are liquidating assets to free up cash for SpaceX, expected to be the biggest stock market debut in history. But the way he described those assets raised some eyebrows.<\/p>\n<p>The \u201cMad Money\u201d host called Bitcoin and gold \u201cbad money,\u201d while referring to <strong>Nvidia Corp. <\/strong><a class=\"ticker-link\" data-ticker=\"NVDA\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/NVDA\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/NVDA\">NVDA<\/a>) and <strong>Apple Inc.<\/strong> <a class=\"ticker-link\" data-ticker=\"AAPL\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/AAPL\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/AAPL\">AAPL<\/a>) as \u201cgood money,\u201d all of which came under selling pressure.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin and gold\u2013bad money, being liquidated for SpaceX. Apple and Nvidia \u2013good money\u2013being liquidated<\/p>\n<p>\u2014 Jim Cramer (@jimcramer) <a href=\"https:\/\/x.com\/jimcramer\/status\/2064707118452609256?ref_src=twsrc%5Etfw\">June 10, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/p>\n<\/figure>\n<h2 class=\"wp-block-heading\">Sign Of BTC Bottom?<\/h2>\n<p>Some users pushed back against Cramer&#8217;s characterization of gold as \u201cbad money.\u201d  Bitcoin enthusiasts, meanwhile, celebrated the comment as a sign that the cryptocurrency had bottomed out\u2014a nod to &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/53133001\/jim-cramer-describes-bitcoin-gold-as-bad-money-getting-dumped-for-spacex?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Jim\" cramer describes bitcoin gold as money getting dumped for spacex but apple and nvidia not spared either>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Market commentator and popular media personality\u00a0Jim Cramer dubbed Bitcoin (CRYPTO: BTC) and gold as \u201cbad money\u201d on Wednesday, which are getting dumped to participate in SpaceX\u2019s upcoming IPO. Good Vs. Bad In an X post, Cramer posited that investors are liquidating assets to free up cash for SpaceX, expected to be the biggest stock market [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-101073","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/101073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=101073"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/101073\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=101073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=101073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=101073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}