Popular TV presenter Jim Cramer said back in the spring that he was able to make good money on Bitcoin’s winter rally. In total, the journalist invested about $ 500,000 in cryptocurrency.
However, already in the summer, the expert’s opinion began to change due to the fall of the market in May. The BTC rate fell to $ 32,900 today.
Cramer told CNBC that he had already sold the lion’s share of his cryptocurrency under pressure from the negative return to the market. The industry was hit by China, it was the factor that provoked the entry of bitcoin and other cryptocurrencies into the “bear” phase, the expert emphasized.