Jim Cramer’s quantum-computing warning fails to shake bitcoin, which stays near $64,000

Jim Cramer’s quantum-computing warning fails to shake bitcoin, which stays near $64,000

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News Editor
2026-08-04 07:53:18
Jim Cramer says he plans to sell all of his bitcoin because he worries that advances in quantum computing could weaken crypto security within three to four years. The comment came after his July 31 interview with IBM Chairman and CEO Arvind Krishna, who said quantum computers could challenge modern cryptography within that time frame and told investors to be “paranoid” about the risk. Yet bitcoin has shown little reaction. According to CoinDesk, BTC has continued to trade around $64,000 even as the market also digested a Coldcard hardware wallet hack, higher bond yields, and disclosed bitcoin sales by major corporate holder Strategy. Cramer’s latest call has instead triggered a familiar response from the crypto crowd: many traders are treating it as a bullish signal because of his long record of reversals and public misses. That reputation gave rise to the “inverse Cramer” trade and even an ETF, SJIM, which launched in 2023 and shut down in early 2024 after failing to attract meaningful assets. CoinDesk also revisits several of Cramer’s earlier bitcoin calls, from dismissing BTC in 2017 to buying around $10,000 in 2020, selling most of it in 2021, warning of a harsh ETF-driven selloff in 2024, turning positive again in 2025, and then swinging bearish last month before now planning a full exit in August 2026.

Jim Cramer says he wants out of bitcoin, citing concerns that advances in quantum computing could threaten crypto security within the next three to four years. So far, the market has barely reacted. Bitcoin has continued to hold near $64,000.

According to CoinDesk, the Mad Money host said this week that he plans to sell all of his bitcoin holdings because he believes quantum-computing progress could undermine cryptocurrencies in the coming years. The remark followed his July 31 interview with IBM Chairman and CEO Arvind Krishna. In that conversation, Krishna told Cramer that quantum computers could challenge modern cryptography within that three-to-four-year window and said investors should be “paranoid” about the risk.

There is no public way to confirm the size of Cramer’s bitcoin position, or whether he has begun selling. CoinDesk reported that neither his holdings nor any wallet tied to him has been disclosed or tracked by analytics firms, leaving no independent verification that he currently holds BTC at all.

The crypto crowd is treating the call as bullish

Instead of sparking panic, Cramer’s planned exit has drawn a positive reaction from many crypto traders. The reason is simple: his record has made him a contrarian signal for part of the market.

A self-described bitcoin maximalist on X, Alex, posted: “Jim Cramer did it again. Bitcoin just received the strongest buy signal of 2026.” Others made similar comments as bitcoin continued to trade around $64,000.

That steadiness stands out because the market was also dealing with other pressure points. CoinDesk noted that BTC remained resilient despite a Coldcard hardware wallet hack, rising bond yields, and bitcoin sales disclosed by Strategy, a major corporate holder.

The “inverse Cramer” idea has been around for years

The reaction fits Cramer’s reputation inside trading circles. Betting against his public market calls became a meme strong enough to inspire an exchange-traded fund. The Inverse Cramer Tracker ETF, ticker SJIM, launched in 2023 with a strategy built around shorting his public recommendations. It closed in early 2024 after failing to gather meaningful assets.

CoinDesk argues that the reputation did not appear out of nowhere. Cramer’s history with bitcoin includes repeated reversals and several prominent misses.

2017: bitcoin as “monopoly money”

In December 2017, as bitcoin was climbing toward its first run at $20,000, Cramer called it “monopoly money” and said buying it was gambling rather than investing.

2020: a reported buy near $10,000

By September 2020, after a podcast conversation with investor Anthony Pompliano, he reportedly bought bitcoin around $10,000 and later added more that same year.

2021: selling most of his holdings

In June 2021, he said he had sold most of his bitcoin, pointing to China’s crackdown on crypto mining. Bitcoin later went on to reach lifetime highs near $70,000 by November 2021.

2024: warning of a “nasty” ETF selloff

In January 2024, following the launch of spot bitcoin ETFs in the U.S., Cramer warned of a “nasty” selloff. Prices did dip to $40,000, but the move was limited. By March, bitcoin had climbed back to $70,000.

2025: turning positive again

In January 2025, he changed his tone and called bitcoin “a great thing to have in portfolio.” He also told investors they should own the token directly rather than seek indirect exposure through Strategy, whose stock trades under MSTR.

Last month and now August 2026

Last month, Cramer turned bearish once more, calling bitcoin and gold “bad money” being sold in favor of high-growth names such as SpaceX, Apple and Nvidia. Now, in August 2026, he says he is planning a complete exit.

His recent banking call also missed badly

CoinDesk also pointed to one of Cramer’s most damaging recent mistakes outside crypto. On Feb. 8, 2023, he told viewers that Silicon Valley Bank was undervalued and described it as a merchant bank that Wall Street had “mistakenly” become worried about.

A month later, Silicon Valley Bank collapsed in what was then the second-largest bank failure in U.S. history.

Bitcoin price action has not validated the warning

For now, the market is not treating Cramer’s quantum-computing concern as a catalyst. CoinDesk said bitcoin has stayed resilient around $64,000 even with the Coldcard incident and Strategy’s disclosed BTC sales in the background.

The article also noted a quoted BTC price of $63,520.40 alongside Cramer’s remarks, while a separate live update cited bitcoin around $63,600. Across those readings, the broader picture was the same: the token remained close to the $64,000 area, with no clear sign that traders were pricing in Cramer’s warning.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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