Jim Cramer, a famous American TV presenter on CNBC’s Mad Money show, has expressed a positive stand for Bitcoin amid the bullish crypto market. Notably, Cramer is not alone. The uptrend in Bitcoin’s price has drawn the attention of many famous figures in the U.S. and around the globe.
Coincidentally, Cramer publicized his view on BTC in the same that the leading crypto made waves to surpass the $99,000 mark.
Cramer Endorses Bitcoin
While handling his Mad Money show on Wednesday, the presenter entertained many questions from callers who asked for ideas concerning their stock holdings.
In the process, a caller mentioned that he had only been holding MicroStrategy’s MSTR stock for about a year. He’s made over 1000% of profits within the short period, crediting the company’s founder and his “bitcoin first, bitcoin only” strategy, which keeps shareholders in earnings over the long term.
Cramer said in response, “I prefer to actually own bitcoin. All I can tell you is, own bitcoin, that’s a winner.”
In previous years, Cramer has had a rollercoaster relationship with Bitcoin. He said he had liquidated most of his BTC holdings during the crypto bear market.
Famous Figures Endorse Crypto Amid Uptrend
Max Keiser is another American presenter who has recently expressed support for Bitcoin and crypto. He noted that El Salvador is living America’s dream because it has adopted Bitcoin as its reserve asset. Since the country started buying BTC in 2021, it has acquired almost 6,000 and continues buying daily.
America’s President-elect, Donald Trump, has also taken a pro-crypto stand. Throughout his campaign, he listed many things to ensure that America adopts Bitcoin and crypto completely under his tenure. Since he has secured the position, the U.S. crypto community eagerly anticipates the fulfillment of his promises.
Notably, Trump’s crypto stand inspired Tech billionaire Elon Musk to say he now sees value in bitcoin and American entrepreneur Gary Cardone to support his presidential campaign with 12.8 BTC.
Meanwhile, BTC has been bullish this month as many investors acquire the crypto through U.S.-approved spot Bitcoin exchange-traded funds.
