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Is Bitcoin Being Propped Up? Jim Cramer Stokes Controversy | US Crypto News

Welcome to the US Crypto News Morning Briefing—your important rundown of a very powerful developments in crypto for the day forward.

Grab a espresso and settle in. This week, Bitcoin’s actions have merchants speaking, analysts scratching their heads, and even some acquainted voices hinting that not every part is because it appears. Amid dips, recoveries, and cryptic warnings, one query lingers: who—or what—would possibly actually be pulling the strings behind the scenes?

Crypto News of the Day: Behind Bitcoin’s Strength—A Cabal? Jim Cramer Thinks So

Jim Cramer has as soon as once more sparked a wave of hypothesis throughout Crypto Twitter and buying and selling desks, after suggesting that unseen forces could also be at work to maintain Bitcoin elevated regardless of mounting macroeconomic stress.

“Almost looks like a cabal is attempting to maintain Bitcoin above $90,000. I like Bitcoin, however I don’t like all of the derivatives created to play it, sport it, or mine it,” he stated.

The comment landed at a delicate second for the market. Bitcoin dipped below $90,000 earlier within the week earlier than recovering, prompting merchants to dissect Cramer’s selection of phrases.

His reference to a “cabal,” even when rhetorical, was sufficient to spark theories starting from ETF market makers defending key ranges to institutional patrons accumulating quietly as liquidity thins.

Cramer doubled down hours later with one other pointed message: “Even in any case of this destruction, we’re not oversold!!!”

To many merchants, this sounded much less like warning and extra like traditional Cramer timing, traditionally infamous for aligning with market inflection factors in the other way.

That immediately fed the Inverse Cramer narrative: when Cramer turns bearish or warning-heavy, some merchants search for a backside as an alternative.

However, analysts argue that the market’s latest habits has way more to do with macroeconomic forces than memes.

Macro Forces, Not Memes: What’s Really Driving Bitcoin’s Recent Volatility

According to QCP, Bitcoin’s temporary break under the $90,000 threshold mirrored the asset’s rising sensitivity to shifts in liquidity and interest-rate expectations.

Firmer price outlooks, coupled with persistent outflows from Bitcoin ETFs, have weighed on sentiment for weeks. The fast repricing in Federal Reserve expectations, from an assumed December rate cut to a coin flip has solely intensified these pressures.

“Markets have sharply repriced Fed expectations, slicing December price reduce odds from ‘close to sure’ to ‘even,’” QCP noted, emphasizing how such macro changes disproportionately have an effect on duration-sensitive belongings like Bitcoin.

Meanwhile, equities have remained comparatively resilient because of blockbuster earnings from AI-driven hyperscalers. Big Tech’s strength has left crypto trailing behind, amplifying volatility as liquidity thins.

Now that the US authorities has reopened and financial knowledge releases are resuming, merchants are bracing for a essential week.

Labor-market indicators and the Conference Board’s Leading Economic Index, up to date with new emptiness metrics, are anticipated to form market expectations as we enter 2026.

These knowledge factors will assist outline whether or not the Fed leans towards warning on inflation or acknowledges indicators of cooling.

Fed Chair Jerome Powell’s latest reminder {that a} December reduce is “not assured” has bolstered the cautious temper.

For Bitcoin, the query is whether or not latest turbulence represents a typical positioning shakeout or the opening act of broader risk-off dynamics.

Cramer’s “cabal” remark might have dominated the headlines, however the true driver should still be the macro tide, and whether or not it turns in opposition to crypto or slowly again in its favor.

Chart of the Day

Bitcoin Price Performance. Source: TradingView

Byte-Sized Alpha

Here’s a abstract of extra US crypto information to comply with at the moment:

Crypto Equities Pre-Market Overview

Company At the Close of November 18 Pre-Market Overview
Strategy (MSTR) $206.80 $205.75 (-0.51%)
Coinbase (COIN) $261.79 $262.73 (+0.36%)
Galaxy Digital Holdings (GLXY) $25.58 $25.84 (+1.02%)
MARA Holdings (MARA) $11.88 $11.99 (+0.93%)
Riot Platforms (RIOT) $13.94 $14.03 (+0.65%)
Core Scientific (CORZ) $15.43 $15.80 (+2.40%)
Crypto equities market open race: Google Finance

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