Former hedge fund manager and host of CNBC’s “Mad Money,” Jim Cramer, claimed on Monday (8th) during his show that Bitcoin is “hitting its peak.” He stated that Bitcoin rose approximately 8% on Monday before giving back some of its gains, reaching its highest point of $47,100 since April 2022. As of the time of this article, the BTC trading price is $46,825. Cramer has a history of making predictions that go against the trend of asset prices and is considered a well-known contrarian indicator on Wall Street. Last Tuesday, when Bitcoin was at $45,000, Cramer stated during an interview on the show that Bitcoin is a technological miracle and “you can’t kill it.” The following day, Bitcoin experienced a decline, falling to around $40,400. Source:
