Cramer Flips Stance, Now Bullish on Bitcoin as Prices Surge
• Jim Cramer, host of Mad Money, has changed his tune and is now bullish on Bitcoin as it surges to an 18-month high near $38,000 • Cramer previously urged investors to get out of crypto, but now says he was "premature" and supports those with long-term faith in Bitcoin • Bitcoin and Ethereum have seen major gains over the past month stemming from industry hopes for SEC approval of a Bitcoin spot ETF • Despite profiting from BTC himself previously, Cramer has flip-flopped and repeatedly written off crypto since the 2022 market collapse • Some investors theorize that Cramer's revived confidence could signal impending doom for Bitcoin's price given his poor track record of advice