Cramer ‘sold almost all’ his bitcoin, fears China is above cryptocurrencies


Source: bollyinside.com bollyinside.com

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Buzz Staff 2021-06-21 The price of bitcoin fell more than 6% on Monday to roughly $33,000 per token, around a two-week low. The move lower follows a report in the Communist Party-backed Global Times newspaper that said more than 90% of the country’s mining capacity is shut down after authorities in the provenience of Sichuan closed “many mines” located there. “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. “When the PRC...