Bitcoin Prices Drop After Jim Cramer Praises It as a Marvel, Triggering $400 Million in Liquidations
• Jim Cramer, known for poor stock predictions, praised Bitcoin causing prices to immediately fall
• Bitcoin fell 8%, triggering $400 million in liquidations, after Cramer called it a "technological marvel"
• The fall aligned with investor mantra to "do the opposite" of Cramer's advice
• Fall also potentially tied to doubts around approval of Bitcoin spot ETFs this month
• Despite volatility, Bitcoin is likely here to stay long-term