TL;DR
- After Jim Cramer’s sell advice in December 2022, Bitcoin nearly doubled from below $18,000 to over $34,000.
- Cramer wrongly encouraged crypto investments in early 2022, leading to a market downturn.
- Cramer’s endorsement of Silicon Valley Bank shares preceded its collapse a month later.
Cramer ‘Called the Bottom’
John E Deaton – an American lawyer representing thousands of Ripple investors in the lawsuit against the US Securities and Exchange Commission (SEC) – was among the numerous individuals to highlight bitcoin’s impressive price increase in the past 24 hours.
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