Scott Mlyn | CNBC
CNBC’s Jim Cramer talked about Monday he’s a “believer in cryptocurrency” as a hedge, nonetheless believes there’s a hazard that it falls extra.
“I’ve always been a gold bug, nonetheless now I’m a little bit little bit of a crypto bug merely as a hedge,” Cramer talked about on “Squawk on the Avenue.” “I don’t swear by it.”
Cramer’s suggestions come days after the world’s largest bitcoin conference was held in Miami.
By way of the multi-day conference, El Salvador President Nayib Bukele launched plans to undertake bitcoin as a licensed tender, which could make the nation the world’s first sovereign nation to take motion.