Cramer Dumps Bitcoin Amid Quantum Computing Fears

CNBC host and crypto critic Jim Cramer is selling his Bitcoin due to concerns over the threat of quantum computing, a move that has sent shockwaves through Crypto Twitter.

Cramer's decision comes after an interview with IBM CEO Arvind Krishna, who warned him about the potential for quantum computers to break into cryptocurrency wallets within three or four years.

Cramer took Krishna's warning seriously and decided to sell his Bitcoin, saying 'I think that people have to take this man seriously because they're doing commercial quantum.'

The move has been met with delight from the Crypto Twitter community, who have long tracked the 'Inverse Cramer' trade, a pattern where traders bet against Cramer's picks.