Jim Cramer Suggests US Government Could Buy Bitcoin Near $60K
A prominent market commentator’s offhand remark has set off fresh talk in crypto circles about whether the US might step into the Bitcoin market if prices fall to a certain level. Related Reading: Tron Accumulates TRX, Price Pops As Justin Sun Weighs In Reports say market commentator Jim Cramer told viewers on CNBC that he “heard at $60,000 the President is gonna fill the Bitcoin Reserve,” a line that quickly spread across social and financial news feeds. Strategic Bitcoin Reserve Talk Gains Traction Based on reports, the comment revived talk about a possible US Strategic Bitcoin Reserve and whether any purchases would come from regular Treasury funds or from assets already held by the government. Some outlets pointed out that while the idea makes for a headline, it does not line up with how the government has handled crypto so far
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