TechFlow news, October 22: Former hedge fund manager and CNBC show host Jim Cramer posted on social media stating that cryptocurrencies are expected to rise today, but current speculation levels have reached those seen during the 2000 bubble, with a large influx of speculators.
He pointed out that although JPMorgan CEO Jamie Dimon claimed speculative activity was coming to an end, he simultaneously announced a $1.5 trillion fund, inadvertently triggering a massive wave of speculation. Cramer emphasized the need to address this issue before people are genuinely harmed and advised reducing positions.
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