random

Bitcoin

<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a> 
 </figcaption> 
</figure> 
In a seemingly promising trading session on the crypto market, <a href="https://u.today/blackrock-names-optimal-bitcoin-share-in-investors-risk-portfolio-youll-be-surprised" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> showcased predominantly positive dynamics, illuminating the cryptocurrency quotes in vibrant shades of green. The day saw BTC trading in a slight surplus, with gains reaching 0.5% and, at one point, even touching 1%. 
<a href="https://u.today/blackrock-names-optimal-bitcoin-share-in-investors-risk-portfolio-youll-be-surprised" rel="noopener noreferrer nofollow">card</a> 
However, this jubilant atmosphere may be short-lived as financial expert and popular presenter <a href="https://twitter.com/jimcramer/status/1684198981348257793?s=20" rel="noopener noreferrer nofollow">Jim Cramer</a> has stepped into the picture with a rather bullish attitude. 
Cramer is no stranger to making statements that often defy prevailing trends and shatter expectations. His influence has grown so much that it birthed the "Inverse Cramer" phenomenon, where investors do the opposite of his advice. As often, he took to Twitter to share his thoughts. 
<blockquote class="twitter-tweet"> 
 Braveheart moment for bulls --WAIT!— Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1684198981348257793?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 26, 2023</a> 
</blockquote> 
While his remarks were not directly related to the crypto market or <a href="https://u.today/bitcoin-etf-race-these-are-most-important-dates-to-watch" rel="noopener noreferrer nofollow">Bitcoin</a>, the mere indication of his upward bias was enough to create a ripple effect. Just 12 minutes after Cramer's tweets, Bitcoin's price reached a peak, only to swiftly collapse back to its opening price, erasing 0.5% of the day's gains. 
<img alt="" data-entity-type="file" data-entity-uuid="cbdbf306-0cb5-4572-96c7-68093d10e9a9" src="https://u.today/sites/default/files/inline-images/BTCUSDT_2023-07-26_19-11-43.png">Source: <a href="https://www.tradingview.com/x/RzTr1tnz/" rel="noopener noreferrer nofollow">TradingView</a> 
The significance of such signals might be debated within the community, but random phenomena like the Inverse Cramer cannot be dismissed entirely. Even though his statements were not explicit bullish calls for <a href="https://u.today/ryanair-to-parody-musk-bitcoin-doesnt-fly-here" rel="noopener noreferrer nofollow">BTC</a>, they were enough to sway market sentiment for some.

Bitcoin (BTC) Price Shines Green, But Here Comes Jim Cramer

U_Today

Andra artiklar publicerade 26 juli 2023

ADA May Still Be at Risk of Falling to Below $0.20, Warns Analyst

Opinion: Unpacking Ripple's landmark victory against the SEC

Bank of Italy Partners Polygon and Fireblocks to Experiment with Tokenised Assets

Top Strategist Shares Key Support and Resistance Levels For Dogecoin as the Asset Trends

Excessive XRP Reserves Unveiled by Major Exchange OKX: Here's How Much It Is

Robinhood Hires a New UK CEO in Its Third Attempt to Launch Abroad

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!