Why Jim Cramer’s quantum panic isn’t rattling bitcoin as price holds steady around $64,000
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- Jim Cramer said he plans to sell all his bitcoin holdings, warning that quantum computing advances could undermine cryptocurrency security within three to four years, a view he echoed after his July 31 interview with IBM CEO Arvind Krishna.
- Bitcoin has held near $64,000 despite Cramer's warning, a Coldcard hardware wallet hack, rising bond yields, and BTC sales by corporate holder Strategy.
- Crypto traders cheered Cramer's planned exit as a bullish signal, with one self-proclaimed bitcoin maximalist writing on X that bitcoin had just received 'the strongest buy signal of 2026.'
- Cramer called bitcoin 'monopoly money' in December 2017 near its first $20,000 run, reportedly bought around $10,000 in September 2020, and sold most of his holdings in June 2021 citing China's mining crackdown — months before prices hit lifetime highs near $70,000.
- Cramer reversed again in January 2024, warning of a 'nasty' selloff after spot bitcoin ETFs debuted; prices dipped slightly to $40,000 before rallying to $70,000 by March.
- Cramer called bitcoin 'a great thing to have in portfolio' in January 2025, then swung bearish last month calling it 'bad money,' before announcing his August 2026 quantum-driven exit.
- Cramer's most damaging recent miss came on Feb. 8, 2023, when he called Silicon Valley Bank undervalued on air — a month before SVB collapsed in the second-largest U.S. bank failure at the time.
Why it matters: Cramer's prediction record — flipping on bitcoin in 2017, 2021, 2024, and 2025, and missing SVB's collapse by a month — has cemented his status as a contrary indicator, which is why the crypto community is treating his quantum-driven exit as a buy signal rather than a red flag.
