Saying that Cramer is powerful in the volatile money market with his suggestions. This came after Cramer stated that Bitcoin is a winner and suggested people buy it, causing the Bitcoin price to start sliding down ¹.
Cramer's advice on cryptocurrencies is often considered counterintuitive, with some people even using his advice as a contrarian indicator, dubbed the "inverse Cramer" ¹. Musk's response to Cramer's advice was a laughing emoji, implying that he finds Cramer's influence on the market amusing ¹.
As for the current state of Bitcoin, its price has been experiencing some volatility, with a 1.2% decrease over the last 24 hours ¹. However, with increasing institutional adoption and statements from big players like Charles Schwab's incoming CEO, Bitcoin's bull sentiments remain positive ¹.
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