Television commentator Jim Cramer said on 11 July that JPMorgan Chase Chief Executive Officer Jamie Dimon was “wrong” about Bitcoin, underscoring what he described as a widening reassessment of the cryptocurrency by mainstream finance. Dimon has been one of the sector’s most vocal sceptics, labelling Bitcoin a fraud as recently as last year. Cramer expanded on his remarks during a 14 July CNBC appearance, predicting that Dimon could soon “go all in on crypto.” The forecast comes as Bitcoin trades above $112,000, a level that has spurred several former critics to temper or reverse their positions. Dimon has not publicly responded to Cramer’s comments, and JPMorgan has made no announcement regarding a shift in its digital-asset strategy.
JIM CRAMER PREDICTS JPMORGAN CEO WILL “GO ALL IN ON CRYPTO” Financial commentator Jim Cramer has forecast that JPMorgan Chase CEO Jamie Dimon will soon fully embrace cryptocurrency by going “all in on crypto.” Source: @AltcoinDaily https://t.co/BTuodETOWu https://t.co/F0ucQtXLOt
🚨JPMORGAN CEO IS NOW PRO-BITCOIN Jim Cramer reveals JPMorgan CEO Jamie Dimon will "go all in on crypto" — just a year after Dimon called it a fraud and a Ponzi scheme. From denial to adoption. The cycle continues... 🌀 https://t.co/8mMufFJMxU
💥 JUST IN: Jim Cramer says JPMorgan CEO Jamie Dimon is likely to “go all in on crypto,” despite having called it a fraud and a Ponzi scheme just last year. https://t.co/YAZKvtLOBy