Cramer Announces Liquidating Bitcoin, Crypto Community Calls It "Strongest Buy Signal of 2026"
TechFlow News, August 4, according to CoinDesk reports, well-known CNBC host Jim Cramer announced plans this week to liquidate all Bitcoin holdings, citing that the rapid development of quantum computing technology may pose a threat to cryptocurrency security within the next three to four years. This statement stems from his interview on July 31 with IBM Chairman and CEO Arvind Krishna, where the latter warned that quantum computers might challenge modern cryptographic systems within that time window.
However, the crypto community generally holds an optimistic attitude towards this. X user Alex, who calls himself a Bitcoin maximalist, stated bluntly: "Cramer is at it again, this is the strongest buy signal Bitcoin has received for 2026." This reaction is closely related to Cramer's long-standing market reputation as a "contrarian indicator"—his historical prediction record is notorious: calling Bitcoin "Monopoly money" in 2017, liquidating holdings in 2021 after which BTC immediately hit a new all-time high, warning in 2024 that it would plummet after the ETF listing, but BTC rose to $70,000 within two months as a result. Currently, the BTC price still holds steady near $64,000, and the market reaction to his quantum warning is lukewarm.
