The crypto community is scared after Jim Cramer's comment that "Bitcoin is the winner".

The cryptocurrency community expressed concern after Jim Cramer, the host of Mad Money, declared Bitcoin as the "winner". Although Cramer previously had a negative view on cryptocurrencies and had advised selling, this time he strongly supports Bitcoin, causing many to fear this is a sign of an impending bear market, based on the "Cramer inverse effect" – an investment strategy that goes against his advice. This panic shows the lack of trust from a segment of the community in Cramer's assessment, who has made incorrect predictions about the cryptocurrency market in the past.