Mainstream Asset Managers Will Flood Into Bitcoin Soon – Jim Cramer
2025-07-15 11:30:35
Main Idea
Jim Cramer predicts mainstream asset managers, including long-time skeptics like JPMorgan Chase CEO Jamie Dimon, will soon invest heavily in Bitcoin, driven by its recent price surge and upcoming regulatory developments in Washington.
Key Points
1. Jim Cramer predicts a Bitcoin buying spree by mainstream asset managers, including JPMorgan Chase CEO Jamie Dimon.
2. Bitcoin reached an all-time high of $123,236, bouncing from a support level of $98,240 in late June.
3. Upcoming 'Crypto Week' in Washington includes votes on key crypto-related bills like the GENIUS Act, Digital Asset Market Clarity Act, and Anti-CBDC Surveillance State Act.
4. The GENIUS Act and other bills aim to regulate stablecoins and digital assets, potentially impacting the crypto market's development.
5. Analysts believe these regulatory developments could attract more institutional investment into the cryptocurrency market.
Description
Mainstream asset managers will embark on a Bitcoin buying spree. US lawmakers will decide on important crypto-related bills this week. Crypto regulation will attract institutional investors into the ecosystem. CNBC’s Jim Cramer thinks many mainstream asset managers are about to embark on a Bitcoin buying spree, and he believes that even includes long-time skeptics like JP Morgan’s Jamie Dimon. The former hedge fund manager said during his latest “Squawk on the Street” TV show that investors are ...
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