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Buys Bitcoin to Shield Kids from $37.8 Trillion Debt

July 24, 2025
in Australian Crypto News
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  • 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

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