EddieJayonCrypto
6 Mar 24
CNBC's Jim Cramer expressed his concerns about Bitcoin reaching what he believes could be a market peak. This comes after a dramatic swing in Bitcoin's price, plummeting to $58,000 after reaching an all-time high of over $69,000. The sharp downturn in price saw notable figures like Cramer and Peter ...
CNBC's Jim Cramer expressed his concerns about Bitcoin reaching what he believes could be a market peak. This comes after a dramatic swing in Bitcoin's price, plummeting to $58,000 after reaching an all-time high of over $69,000. The sharp downturn in price saw notable figures like Cramer and Peter Schiff commenting on its recent price action, sparking a noticeable shift in investor sentiment and significant market liquidations. Bitcoin's volatility has once again taken center stage as the digital currency experienced a sharp downturn following its climb to unprecedented heights. This fluctuation was significant enough to prompt Cramer to share a post that has since caught the attention of investors and enthusiasts alike. Cramer's post, a playful jab at Bitcoin enthusiast Michael Saylor, along with Peter Schiff's critique, reignited the ongoing debate about Bitcoin's validity as a safe haven or a stable store of value amidst significant market liquidations totaling over a billion dollars in a 24-hour period.
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