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Crypto

Cramer Sells His Bitcoin Amid Quantum Computing Fears

Guavy AI Editorial Team
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BTC
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CNBC host Jim Cramer's bearish comments on Bitcoin have sparked celebration among cryptocurrency enthusiasts. Cramer announced he will sell his Bitcoin due to concerns about quantum computing, which could compromise its security in three to four years.

He warned that the issue is serious and urged investors to take it seriously now, rather than waiting until then.

The news has been met with skepticism by some who point out that Cramer's previous warnings on Bitcoin have not come to pass. In December 2022, he criticized the cryptocurrency market and said he wouldn't touch it 'in a million years.'

At that time, Bitcoin's price was $16,905.22.

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