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Bitcoin rallies 15% after Jim Cramer sells all holdings citing quantum computing risks

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by COINS NEWS 28 Views

Jim Cramer announced he sold all his Bitcoin holdings due to concerns that quantum computing could break Bitcoin's cryptography within 3-4 years, based on a conversation with IBM's CEO. Despite this bearish move, Bitcoin's price rose over 15% from $64,000 to above $74,000 in three weeks, showing market confidence. Experts remain divided on the quantum threat timeline, with most expecting 20-40 years before such risks materialize. The market's reaction suggests traders are not panicking over the quantum computing threat yet.

https://pluang.com/en/news-feed/jim-cramer-jual-semua-bitcoin-karena-kekhawatiran-komputasi-kuantum

Never change Cramer, never change.

submitted by /u/ThisTelevision9372
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