{
  "id": 125936,
  "title": "Jim Cramer plans to sell his Bitcoin over quantum fears as BTC rises 1.6%",
  "url": "https://urgent.news/2026/08/04/jim-cramer-plans-to-sell-his-bitcoin-over-quantum-fears-as-btc-rises",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-04T10:47:39.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/markets/jim-cramer-sell-bitcoin-quantum-fears-btc-rises"
  },
  "original_language": "en",
  "account": "CNBC's Jim Cramer plans to sell all his Bitcoin holdings due to concerns about quantum computing. Cramer, during a Friday episode of \"Mad Money,\" cited IBM chairman and CEO Arvind Krishna's warnings about quantum computing's threat to cryptocurrencies in the next three to four years. Bitcoin's price rose 1.6% to trade above $63,500, but it has dropped 27% year-to-date. Some crypto investors celebrated Cramer's comments, referencing the \"inverse Cramer\" meme, which advises buying when the fund manager sells. Large investors are also exiting Bitcoin due to a dwindling market liquidity. Whale wallet bc1qpt transferred its entire holdings of 16,400 Bitcoin, worth around $1 billion, to a new address in a single transaction on Monday. This follows a decline in daily cryptocurrency trading activity across leading exchanges last week, which hit the lowest level of 2026 at $15 billion, according to data from Kaiko. Industry experts are divided on the timeline of a quantum computing breakthrough. While Blockstream CEO Adam Back stated that Bitcoin has no meaningful quantum threat for at least 20 to 40 years, Bernstein analysts predicted that Bitcoin has only a few years to prepare for a post-quantum security upgrade.",
  "summary": "The CNBC personality said he’ll sell his Bitcoin holdings due to fears about quantum computing, as some cryptocurrency investors celebrated, referencing the popular “inverse Cramer” meme.",
  "key_points": [
    "Jim Cramer to sell Bitcoin due to quantum computing concerns",
    "Bitcoin price up 1.6% to $63,500, but down 27% year-to-date",
    "Whale transferred 16,400 Bitcoin to new address in single transaction"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CoinDesk",
        "title": "Why Jim Cramer’s quantum panic isn’t rattling bitcoin as price holds steady around $64,000",
        "url": "https://urgent.news/2026/08/04/why-jim-cramers-quantum-panic-isnt-rattling-bitcoin-as-price-holds",
        "published": "2026-08-04T07:53:18.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}