Jim Cramer touts bitcoin’s ‘remarkable comeback’ and says it’s a technological marvel | Headlines | News | CoinMarketCap

01/03/2024 01:32
Jim Cramer touts bitcoin’s ‘remarkable comeback’ and says it’s a technological marvel | Headlines | News | CoinMarketCap

In what's become a slow-moving reversal, Jim Cramer praised Bitcoin's "remarkable comeback" on Tuesday, adding that he now thinks "you can't kill it."

In what's become a slow-moving reversal, Jim Cramer praised Bitcoin's "remarkable comeback" on Tuesday, adding that he now thinks "you can't kill it."

While Cramer began softening his position on bitcoin during the latter half of last year, he has historically been skeptical of the cryptocurrency in light of regulatory scrutiny in the United States. As recently as October, when bitcoin was hovering around $27,000, the infamous TV financial advisor appeared to renew his skepticism in the digital asset. But with bitcoin up by 6% in the last 24 hours, and trading over $45,000, the one-time Goldman Sachs employee has changed his tune.

"The late Charlie Munger, who was so brilliant, on so many things, was blind to this," said Cramer on CNBC. Munger served as vice chairman of the storied …

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