Jim Cramer Says He's 'Heard' Trump Is 'Gonna Fill' The Bitcoin Reserve At $60,000 — What On-Chain Data Tells Us

Popular market commentator and TV personality Jim Cramer said on Friday he was told the Trump administration plans to purchase Bitcoin (CRYPTO: BTC) for the U.S. Strategic Reserve amid the ongoing market downturn.Analyzing The US Government’s Bitcoin StashCramer made the claim during CNBC’s Squawk on the Street segment, stating, “I heard at $60,000 the President is gonna fill the Bitcoin Reserve.”The unverified claim coincided with Bitcoin’s sharp sell-off earlier this week when it narrowly avoided sinking below $60,000. The apex cryptocurrency has since rebounded to above $70,000. If Cramer’s claims are correct, Bitcoin would have to fall by more than 15% for the administration to complete ...Full story available on Benzinga.com