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Jim Cramer Calls Bitcoin a Safe Haven Amid Growing US Debt Concerns

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May 21, 2025
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Jim Cramer Calls Bitcoin a Safe Haven Amid Growing US Debt Concerns
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Investor fears spiked again after Moody’s downgraded the U.S. government’s debt rating, but CNBC’s Jim Cramer advised a different response. He urged investors to manage their emotions rather than panic, suggesting that digital assets like Bitcoin could serve as a protective option in uncertain times. Jim Cramer Warns Against Fear-Driven Selling Jim Cramer, host of CNBC’s Mad Money, addressed investors on Monday following Moody’s decision to downgrade the U.S. debt rating. The announcement, made after market close on Friday, triggered a volatile start to the week. Markets opened lower, with the Dow Jones falling by 300 points and the S&P 500 slipping by 1% in early trading. Despite the initial drop, markets recovered during the session. The Dow closed up 0.32%, the Nasdaq rose 0.02%, and the S&P 500 gained 0.09%. Jim Cramer urged investors to resist fear, calling it a repeated pattern following previous downgrades, such as those by… Read More at Coingape.com

The post Jim Cramer Calls Bitcoin a Safe Haven Amid Growing US Debt Concerns appeared first on CoinGape.

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