Why Jim Cramer‘s quantum panic isn’t rattling bitcoin as price holds steady around $64,000
SummaryJim Cramer says he plans to sell all of his bitcoin, citing fears that advances in quantum computing could undermine cryptocurrency security within three to four years.Many crypto traders are cheering Cramers planned exit, treating it as a bullish signal given his predictions record of high profile misses.Bitcoin has held near $64,000 despite Cramers warning, a Coldcard hardware wallet hack, rising bond yields and sales by major corporate holder Strategy. Jim Cramer wants out of bitcoin and the crypto communitys reaction is positive. The “Mad Money” host said this week that he plans to sell all of his bitcoin holdings due to concerns that advancements in quantum computing could threaten cryptocurrencies within the next three to four years. The comment followed his July 31 interview with IBM Chairman and CEO Arvind Krishna, who told Cramer that quantum computers could challenge modern cryptography within that window and that investors should be “paranoid” about the risk. Neither the size of Cramers bitcoin stash nor any wallet tied to him has been disclosed, or tracked by analytics firms, so theres no way to independently verify whether he actually holds BTC or has started selling his coins. Some in the crypto community are buoyed by Cramers plan to exit









