Cramer says he ‘sold almost all’ of his bitcoin, fearing China has had it with crypto


Source: 360aproko.com 360aproko.com

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Music Cramer says he ‘sold almost all’ of his bitcoin, fearing China has had it with crypto CNBC’s Jim Cramer said Monday he’s offloaded most of his bitcoin holdings, expressing concerns around the recent crackdown on crypto mining by the Chinese government and bitcoin’s role in some ransomware attacks. “Sold almost all of my bitcoin. Don’t need it,” Cramer said on “Squawk on the Street,” more than two months after he first indicated he trimmed his position and paid off a home mortgage with those profits. The price of bitcoin fell more than 6% on Monday to roughly $33,000 per...