CNBC host: Ethereum is an excellent store of value
Golden Finance reported that CNBC Mad Money host Jim Cramer shared his views on Ethereum and spot ETH exchange-traded funds (ETFs) this week. He said: “I hold ETH because I think that in today’s world, The U.S. dollar will be in trouble due to the severe U.S. federal budget deficit, and Ethereum is a good store of value. “In addition, Jim Cramer clarified that ETH is not a stock, but believes it is worth owning.” Jim Cramer was once a Bitcoin supporter. After initially recommending allocating 5% of his portfolio to BTC in March 2021, he sold all of his Bitcoin holdings due to concerns about ransomware.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US officials work with CrowdStrike to fight malware behind crypto theft
Argyle Resources grants 1,600,000 stock options to directors, officers at $0.23 per share
BioRestorative Therapies announces 1-for-20 reverse stock split
Sharing Economy International files draft information statement with SEC
Crypto prices
More
