Jim Cramer Calls Crypto ‘Due For A Push’, But Bitcoin’s Price Means There’s A Catch
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CNBC host Jim Cramer said on Tuesday that cryptocurrency markets are “due for a push,” but cautioned investors to reduce exposure, comparing the current environment to the dot-com bubble of 2000.
In a post on X, Cramer wrote, “Crypto due for a push today. We are in 2000 territory on specs.” He likened current speculation to the early tech bubble, describing today’s trading as “where the cockroaches are.”
Cramer referenced Jamie Dimon, CEO of JPMorgan Chase & Co., who recently discussed the risks of speculative waves while announcing a $1.5 trillion investment fund.
“We must focus on this before people really get hurt….
