CNBC's Jim Cramer on Wednesday said neither Bitcoin (CRYPTO: BTC) nor gold functioned as crisis hedges during the U.S.-Iran war, arguing he only witnessed margin calls and forced selling instead of safe-haven buying. The Crisis Hedge Failure “No matter what happens, we have to question whether either gold or crypto ‘worked' in a true crisis,” Cramer stated.
Jim Cramer: Bitcoin, Gold 'Failed' As Crisis Hedges—All He Saw Were Margin Calls
AI IMPORTANCE: 2/10
◆
AI INSIGHT
Jim Cramer states Bitcoin and gold failed as crisis hedges amid U.S.-Iran war, citing only margin calls and forced selling.
Loading JIM data...
MOBILE APP