COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Jim Cramer Predicts Another Weak Year for Crypto Despite Market Resilience
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cryptocurrency News > Jim Cramer Predicts Another Weak Year for Crypto Despite Market Resilience
Cryptocurrency News

Jim Cramer Predicts Another Weak Year for Crypto Despite Market Resilience

In Brief

  • Jim Cramer foresees a weak year for cryptocurrencies.

  • His skeptical views persist despite the market's growth in 2023.

  • Bitcoin's rise challenges Cramer's predictions, sparking curiosity.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

The world-famous financial analyst and CNBC’s Mad Money host Jim Cramer has once again expressed his negative outlook on cryptocurrencies, predicting “another weak year for crypto” in his latest update. This skeptical approach is far from a first-time occurrence. According to Cramer, cryptocurrencies are assets doomed to fall.

Contents
Jim Cramer and His Crypto PredictionsThe Contrarian Cramer Effect

Jim Cramer and His Crypto Predictions

Cramer’s predictions regarding cryptocurrencies have often been incorrect recently, sparking a new debate in financial circles. Following the 2022 downturn in the crypto market, 2023 has brought noticeable growth. Nevertheless, Jim Cramer continues his skeptical stance on cryptocurrencies.

Cramer’s candid comments about crypto investors and the market at large have once again attracted attention, especially with the soaring expectations for ETFs, increasing institutional adoption, and the growing general acceptance of cryptocurrencies.

Despite Cramer’s bearish sentiment, the crypto market, particularly Bitcoin, has shown resilience against the market and climbed above $45,000 in the early morning hours. At the time of writing, Bitcoin was trading at $45,200, having risen above $45,700 during the day, marking the highest value since April 2022.

The cryptocurrency recorded a 5.76% increase on the second day of the year, raising its market value to $888.7 billion. This rise in performance contradicts Cramer’s predictions of a weak year for crypto and leaves investors and enthusiasts wondering about the factors contributing to this increase.

As developments in the crypto market continue, it will become clear whether Cramer’s skepticism will prevail and once again challenge the market’s expectations.

The Contrarian Cramer Effect

Jim Cramer’s historically negative views on Bitcoin and cryptocurrencies have earned him a reputation as a crypto skeptic and made his name well-known in the crypto world.

Cramer’s past statements, which have been mocked, led to the emergence of the “Contrarian Cramer” phenomenon, where investors take a position opposite to his predictions.

The strategies that emerged didn’t stop there; leading investment firm TUTTLE launched the Inverse Cramer ETF in October 2022, which had grown significant enough to warrant its introduction. The actively managed ETF with equal weighting tracks stock based on Cramer’s live broadcasts on CNBC and his social media posts.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Andrew Peel Ignites New Crypto Venture in Switzerland

Thailand Takes Bold Step with $150 Million G-Token Initiative

Exciting Surge As Major Companies Snap Up Bitcoin

Crypto Markets Surge as Global Economic Tensions Decrease

Fed Eases Crypto Markets with Strategic Moves

COINTURK NEWS 3 January, 2024 - 12:27 am 3 January, 2024 - 12:27 am
Share This Article
Facebook Twitter
Share
Previous Article Market Analyst Gary Shilling Predicts Economic Turmoil and Crypto Decline
Next Article Anticipation Grows for Spot Bitcoin ETFs as 2024 Begins
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Robinhood Triumphs with a Bold Canada Debut by Acquiring WonderFi
Cryptocurrency Exchanges
Investors Dump TRUMP Tokens as Event Invitations Are Finalized
Altcoin News
Andrew Peel Ignites New Crypto Venture in Switzerland
Cryptocurrency News
Companies Supercharge Bitcoin Purchases in a Landmark Year
Bitcoin (BTC)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?