CNBC Mad Money host Jim Cramer said, was fired Bitcoin and gold are both “bad money” and are currently being liquidated in place of high-growth tech stocks like NVIDIA and Apple.
This comes after the superstar stock picker recently accused Strategy co-founder Michael Saylor of “killing Bitcoin” after the company sold 32 BTC.
volatile option
In early June 2026, Cramer argued that the market may need to reevaluate its “pro-Bitcoin stance” on strategy.
He noted that the company has long acted as a “significant trampoline” for asset prices.
Some market observers have characterized MicroStrategy’s influence as manipulation, but Kramer noted that he felt such claims were “too strong.”
In February 2026, he publicly questioned the usefulness of Bitcoin. He asked what it was actually used for and rejected the idea that it acted as an effective hedge against geopolitical conflict.
Kramer said he started owning and supporting cryptocurrencies “very early on.” During an appearance on The Pomp Podcast in 2021, he revealed that he followed Pompliano’s advice and invested $500,000 in Bitcoin. He was extremely strong back then.
However, Mr. Kramer’s relationship with the property has been quite inconsistent.
suck all liquidity
AI sucking up all the liquidity has emerged as one of the main stories behind Bitcoin’s poor performance.
BitMEX co-founder Arthur Hayes recently concluded that “AI has sucked all the money created.” This deprived Bitcoin of the capital inflows it needed to maintain its bull market.
AI stocks, including Nvidia, are outperforming the crypto market in terms of capital allocation.
