Ethereum News Today: Jim Cramer Urges Bitcoin, Ethereum Buy to Counter $37.8 Trillion U.S. Debt

Famed financial commentator Jim Cramer has once again stirred the cryptocurrency markets with his latest remarks, urging investors to allocate assets in Bitcoin (BTC) and Ethereum (ETH) as a safeguard against the ballooning U.S. national debt. During a live appearance on CNBC, Cramer emphasized the risks posed by the country’s $37.8 trillion debt load, stating, “Get some protection for yourself against the $37.8 trillion debt. Get it for your children, for future generations” [1]. His call to action—“Buy some Bitcoin, buy some ETH”—has reignited debates about his track record in predicting crypto market outcomes, with critics recalling his past contradictory stances.

Cramer’s rationale centers on the long-term economic risks tied to unsustainable debt levels. He argued that Bitcoin and Ethereum, often touted as hedges against inflation and fiat currency devaluation, could serve as a generational safeguard for investors. However, his recommendations have faced skepticism. Despite his prior advocacy for Ethereum, Cramer disclosed in his remarks that he had sold his entire ETH holdings and refrained from further commentary on the crypto market. This shift has led to speculation about his current position and the validity of his recent endorsement.

The market’s reaction to Cramer’s statements has been mixed. While some investors view his analysis as a sign of growing institutional acceptance of cryptocurrencies as macroeconomic hedges, others remain wary. The term “Inverse Cramer” has resurfaced in crypto circles—a reference to the phenomenon where Cramer’s public endorsements have historically led to price declines in the assets he promoted. This dynamic, though not a rule, underscores the challenges of aligning his high-profile commentary with market outcomes.

Cramer’s latest remarks also highlight a broader tension within the crypto ecosystem: the divide between traditional finance (TradFi) and crypto-native actors. His appeal to “future generations” reflects a generational narrative often used to justify long-term crypto adoption, yet his history of selling key holdings complicates this message. Analysts note that while Cramer’s influence remains significant, his track record underscores the need for investors to critically evaluate expert opinions, particularly in a sector as volatile as crypto [1].

Source: [1] [title:Watch Out: Jim Cramer Spoke About Bitcoin and Ethereum! Will it be Inverse Cramer Again?] [url:https://coinmarketcap.com/community/articles/68812319db08ce345dd179dc/]