{"id":8890,"date":"2021-06-29T00:54:07","date_gmt":"2021-06-29T00:54:07","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/mad-moneys-jim-cramer-moves-from-bitcoin-to-ethereum-says-its-more-of-a-currency\/"},"modified":"2021-06-29T00:54:07","modified_gmt":"2021-06-29T00:54:07","slug":"mad-moneys-jim-cramer-moves-from-bitcoin-to-ethereum-says-its-more-of-a-currency","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/mad-moneys-jim-cramer-moves-from-bitcoin-to-ethereum-says-its-more-of-a-currency\/","title":{"rendered":"Mad Money\u2019s Jim Cramer Moves From Bitcoin to Ethereum \u2014 Says \u2018It\u2019s More of a Currency\u2019"},"content":{"rendered":"

The host of the \u201cMad Money\u201d show, Jim Cramer, has bought ether after dumping almost all of his bitcoin. \u201cI like ethereum because people actually use it much more to be able to buy things,\u201d he said, emphasizing that \u201cIt\u2019s more of a currency.\u201d<\/strong><\/p>\n

Jim Cramer Prefers Ethereum to Bitcoin<\/h2>\n

Jim Cramer was asked about his updated view on bitcoin Monday on CNBC after he sold<\/a> almost all of his BTC<\/a> last week. A former hedge fund manager, Cramer co-founded Thestreet.com, a financial news and literacy website.<\/p>\n

The Mad Money host said last week that he would buy bitcoin again if its price falls to the $10K level. However, the cryptocurrency did not fall much further than the $30K level Cramer appeared to have sold at before bouncing back. At the time of writing, the price of bitcoin stands at $34,370 based on data from Bitcoin.com Markets<\/a>.<\/p>\n

\u201cI went back into ethereum\u201d because bitcoin held at the $30,000 level, Cramer said, elaborating:<\/p>\n

I like ethereum because people actually use it much more to be able to buy things. I\u2019m going to continue to buy ethereum<\/a>. I just think it\u2019s got a little more game because when you go buy an NFT, anything like that, everybody wants ethereum. It\u2019s more of a currency.<\/p>\n

<\/p>\n

Last week, Cramer revealed that he sold almost all of his bitcoin because he was worried<\/a> about China cracking down on cryptocurrency and bitcoin mining as well as BTC<\/a>\u2019s role in ransomware attacks.<\/p>\n

The Mad Money host was previously bullish about bitcoin, advising people to put 5% of their portfolios in the cryptocurrency because he said gold let him down<\/a>. He originally went into BTC<\/a> in fear of massive inflation<\/a>.<\/p>\n

What do you think about Jim Cramer moving from BTC<\/a> to ETH<\/a>? Let us know in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nAltcoins, cnbc, Jim Cramer, jim cramer bitcoin, jim cramer eth, jim cramer ether, jim cramer ethereum, mad money, mad money host<\/p>\n","protected":false},"excerpt":{"rendered":"

The host of the \u201cMad Money\u201d show, Jim Cramer, has bought ether after dumping almost all of his bitcoin. \u201cI like ethereum because people actually use it much more to be able to buy things,\u201d he said, emphasizing that \u201cIt\u2019s more of a currency.\u201d Jim Cramer Prefers Ethereum to Bitcoin Jim Cramer was asked about…<\/p>\n","protected":false},"author":0,"featured_media":8891,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-8890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8890"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=8890"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/8891"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=8890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=8890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=8890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}