Lynch Protege Slams Cramer’s $60K Bitcoin Claim

Lynch Protege Slams Cramer’s $60K Bitcoin Claim

When Bitcoin (CRYPTO: BTC) hit the panic tape, Jim Cramer hit the TV. That's the problem. On Friday, Bitcoin slid to $60,000 — down 52% from its October peak with more than $1.2 trillion in value wiped out. Within hours, Cramer went on CNBC and urged viewers to "cover," claiming — without evidence — that Washington was about to "fill the Bitcoin Reserve" at that level. To George Noble, former aide to Peter Lynch, that wasn't analysis. It was the…

Bitcoin Government Purchase Debunked: CoinDesk Exposes Jim Cramer's Baseless $60K Claim

BitcoinWorld Bitcoin Government Purchase Debunked: CoinDesk Exposes Jim Cramer’s Baseless $60K Claim NEW YORK, March 2025 – Financial media erupted this week with sensational claims about potential U.S. government Bitcoin purchases, but cryptocurrency experts quickly exposed significant factual inaccuracies in these reports. CoinDesk, the leading digital asset publication, systematically dismantled CNBC host Jim Cramer’s assertion that federal a…

Trump’s Bitcoin bet? Cramer hints at $60k strategic reserve

Market commentator Jim Cramer claimed on CNBC that the Trump administration plans to purchase Bitcoin for a proposed U.S. Strategic Reserve amid ongoing market volatility.