Jim Cramer, the host of CNBC's Mad Money, has reversed his opinion on #Bitcoin and is now bullish on the cryptocurrency.
He has stated that "you can't kill" #BTC and "it is here to stay" amidst its price rally and described it as a "technological marvel."
Cramer's changing stance on Bitcoin has come as the #Cryptocurrencies market reached a 21-month price high, and he now encourages individuals to consider purchasing Bitcoin if they believe in its potential.
Cramer has admitted that he was wrong about Bitcoin and has urged investors to buy Bitcoin if they like it, acknowledging that he had made the wrong call about the #cryptocurrency in the past.
His reversal in opinion has come as Bitcoin has seen a significant surge in value, reaching new price highs and gaining industry optimism surrounding potential regulatory approval of a spot #etf .