• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Buys Bitcoin to Shield Kids from $37.8 Trillion Debt

July 24, 2025
in Australian Crypto News
Reading Time: 3min read
0 0
A A
0
Buys Bitcoin to Shield Kids from $37.8 Trillion Debt
0
SHARES
5
VIEWS
ShareShareShareShareShare
  • Jim Cramer announced on CNBC he’s purchasing Bitcoin for his kids as protection against the US’s $37.8 trillion debt burden.
  • Bitcoin fell over 1% to US$118,664 after Cramer’s comments, dropping nearly US$5k from its 14 July all-time high of US$123,091.
  • The “Inverse Cramer” phenomenon continues, where traders often do the opposite of what the famous TV host recommends due to his track record.
  • Cramer previously called crypto critics “a bunch of yahoos” but now sees Bitcoin as “a nice hedge” against his fears about mounting government debt.

Articles about Jim Cramer usually feature some element of flip‑flopping: either Cramer does the opposite of what the market expects, or the market tanks after he makes a bold statement or endorsement.

Let’s check in with Cramer in July 2025 – and guess what? He’s actually buying Bitcoin for his kids. Cramer told CNBC he’s worried about US debt and his children’s future and hence believes buying Bitcoin seems like a good idea.

Inverse Cramer Still a Thing in 2025?

BTC didn’t exactly crash, but it did lose just over 1 % in the past 24 hours. The largest crypto currently trades for US$118,664 (AU$179,451), down almost US$5k (AU$7.5k) from its all-time high of US$123,091 (AU$186,146) on 14 July.

Other large coins, such as Ethereum (ETH) and XRP, are also down – 2 % and 8 % respectively over the past 24 hours.

Related: SEC Fast‑Tracks, Then Freezes Bitwise’s Crypto Index ETF Conversion

Cramer’s comments come as US debt rises to US$37.8 trillion (AU$57.1 trillion) amid Trump’s “Big Beautiful Bill”, which is set to increase the debt further. The famed TV host said he’s worried about the debt but believes the US will somehow manage it – yet sees buying Bitcoin as a hedge:

“I know we can grow our way out of this. My hope is we do that, but I’m just very worried about my kids”, he said, adding that BTC is “just a nice hedge for what I’m afraid”.

Cramer’s predictions have a long online history as a market gauge – Inverse Cramer describes traders doing the opposite of his recommendations.

Cramer Lashed Out at “Bunch of Yahoos”

The CNBC host also clashed with the crypto community in the past. In November, on his ‘Mad Money’ show, he called critics a ‘bunch of yahoos’ for blaming him for a crypto market drop. He pointed out he’d held crypto for a long time, and again cited government debt as the basis for his conviction.

Whether he still moves markets remains to be seen, though some believe he does.

Pack it up boys, bear market confirmed

— LANGERIUS (@langeriuseth) July 23, 2025

So, regardless of whether you expect the bull run to continue, an incoming alt‑season, or bears to take over, according to Cramer, “people want to own some [Bitcoin] as a hedge against the 37.8 trillion dollars.”

Related: Tapping Into Crypto Podcast Market Check: Altcoins, ATH XRP & Ethereum’s Surge


Credit: Source link

ShareTweetSendPinShare
Previous Post

Are Traders Walking Into a Bitcoin Bull Trap at $118K? Here’s What the Data Shows

Next Post

Tether Eyes US Institutional Launch Following GENIUS Act Approval

Next Post
Tether Eyes US Institutional Launch Following GENIUS Act Approval

Tether Eyes US Institutional Launch Following GENIUS Act Approval

You might also like

Cardano’s ADA Now Accepted at Swiss Spar Supermarkets Through DFX Integration

Cardano’s ADA Now Accepted at Swiss Spar Supermarkets Through DFX Integration

March 6, 2026
BNB Price Prediction: CZ Welcomes Solana Trading Bot Axiom to BNB Chain, Is a 50% Rally to $1,500 Next?

US Judge Lets Binance Unregistered Token Class Action Proceed

March 1, 2026
Chainlink Tests Key Resistance While Monthly Compression Hints At Explosion

Chainlink Tests Key Resistance While Monthly Compression Hints At Explosion

March 6, 2026
U.S. Department of Veterans Affairs Extends Oracle EHR Modernization Contract

Oracle Secures Fourth Spot in Chartis RiskTech100 2026 Rankings

March 3, 2026
Crypto Price Prediction Today 6 March – XRP, Bitcoin, Ethereum

Crypto Price Prediction Today 6 March – XRP, Bitcoin, Ethereum

March 6, 2026
Bitcoin Price Prediction: Bitcoin Is Vanishing From Exchanges — Is a Massive Supply Shock Coming?

Bitcoin Price Prediction: Bitcoin Is Vanishing From Exchanges — Is a Massive Supply Shock Coming?

March 6, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Analyst Predicts Conservative XRP Price If It Follows 2017 Run

Analyst Predicts Conservative XRP Price If It Follows 2017 Run

March 7, 2026
XRP Price To New All-Time High? Analyst Says $5.8 Is Possible Following ‘Golden Cross’

XRP Whale Outflows Continue On Binance — What’s Happening?

March 7, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.