Jim Cramer Reveals the Reasons Behind the Cryptocurrency and Market Crash
Jim Cramer, host of Mad Money on CNBC, shared his observations on the recent market crash. According to him, this massive decline is affecting both the stock market and the cryptocurrency market, driven mainly by the sell-off of assets related to artificial intelligence, computing, real estate, and oil.
In the last 24 hours, Bitcoin has fallen by 4.6%, while the S&P 500 index has fallen by 0.12%. This comes in parallel with an investigation by the United States Department of Justice against Nvidia, suspected of antitrust practices.
