Bitcoin Rises 31% Since Jim Cramer's Sell-Off Announcement, Becoming Another Inverse Cramer Case in the Crypto Community
Bitcoin's price has risen approximately 31% since CNBC host Jim Cramer announced at the end of July this year that he planned to sell all of his Bitcoin, becoming another "Inverse Cramer" case that the cryptocurrency community is talking about.
In a CNBC interview aired on July 30, Cramer cited a warning from IBM CEO Arvind Krishna about quantum computing potentially threatening existing crypto algorithms "in three to four years" and announced, "I’m going to sell my (Bitcoin)," stating, "When is three or four years? It’s almost tomorrow," while also expressing that the risks for Ethereum could be "even more severe." Cramer had never publicly confirmed the specific amount of Bitcoin he held, and there was no independent verification from the market that he had indeed completed the sell-off.
On the day the news was announced (July 31), Bitcoin closed at approximately $62,826; thereafter, the price remained relatively stagnant for nearly three weeks until August 19, when the U.S. Treasury announced an expansion of its bond buyback program, leading to a rally in the overall crypto market; by August 21, Bitcoin briefly reached $78,049, with a weekly increase of 17% and a monthly increase of 11.49%; entering September, the price approached the $82,000 mark, representing a cumulative increase of about 31% from the $62,826 at the time of Cramer's announcement.
However, this increase was not fully maintained. In early September, the sudden escalation of the U.S.-Iran conflict triggered a "flash crash" in the cryptocurrency market, with Bitcoin briefly falling below $78,000 and testing the $77,000 support level; as of September 20, Bitcoin was reported at $80,326, down about 1% within 24 hours, having retreated from its previous high of nearly $82,000. Year-to-date, Bitcoin is down 15.79% from the closing price of $87,498 on December 31, 2025, and down 34.49% from the same period last year (August 21, 2025) at $112,480, still significantly below the historical high of approximately $126,000 set in early October 2025.
It is worth mentioning that just three weeks after issuing the "sell-off" warning, on August 23, Cramer reversed his stance and suggested that investors buy Bitcoin, when the price had just surpassed $79,000.
The cryptocurrency community has formed a fixed trading pattern based on Cramer's statements—after his announcement of the sell-off, numerous limit buy order screenshots quickly appeared on social media, with traders viewing it as "the strongest buy signal of 2026," continuing the "Inverse Cramer" strategy: this strategy originates from Cramer's past high-profile misjudgments, including selling off most of his Bitcoin holdings in 2021 due to China's crackdown on crypto mining, turning bearish during the crypto market crash in 2022, and then in early 2024 reversing his stance to call Bitcoin a "technological miracle that will exist long-term." Tuttle Capital even launched an ETF product named "Inverse Cramer Tracker" (SJIM) specifically betting against his judgments, which was liquidated in 2024.
This round of Bitcoin's phase rebound is only loosely related to Cramer's sell-off statement; the real driving force is the overall risk asset recovery brought about by the U.S. Treasury's expansion of bond buyback operations after August 19, along with the subsequent market expectations for improved liquidity conditions; the decline in September is mainly related to the risk aversion sentiment triggered by the escalation of the U.S.-Iran conflict.
Source: Public Information
ABAB AI Insight
Cramer's judgments on cryptocurrency have repeatedly formed a clear historical pattern: in 2021, he sold off most of his Bitcoin holdings due to China's crackdown on crypto mining; during the 2022 crypto market crash, he turned bearish; in early 2024, he reversed his stance to call Bitcoin a "technological miracle that will exist long-term" and publicly held cryptocurrencies in early 2025; and this time, he announced a sell-off at the end of July citing "quantum computing threats," only to turn around and suggest buying again just three weeks later on August 23—this marks at least his third complete "sell-off-reversal" cycle, with the intervals between each cycle noticeably shortening from annual to weekly levels.
The real funding path driving this round of Bitcoin's rebound is not Cramer's statements themselves, but rather the improvement in market liquidity expectations following the U.S. Treasury's announcement to expand bond buyback operations on August 19, which led to a general recovery in risk assets—similar to the funding support logic received by SoftBank and tech stocks during the same period, essentially driven by macro liquidity easing expectations, with Bitcoin being one of the assets receiving this influx of funds. Cramer's statements serve more as a public opinion amplifier: his "sell-off" warning triggered the community's "inverse operation" buying, creating an emotional additional influx of funds, which, combined with the real macro driving factors, pushed the increase towards a phase of around 31%.
The "Inverse Cramer" phenomenon is not unique to Wall Street; the most direct historical analogy is the SJIM fund product that Tuttle Capital specifically set up for inverse operations against Cramer—turning a well-known commentator's historical misjudgment record directly into a tradable investment strategy, which is rare in traditional financial history, indicating that the cryptocurrency industry has entered a "public opinion leverage" stage: market participants are no longer just trading based on asset fundamentals but also trading based on the historical accuracy data of specific opinion leaders.
This essentially represents a transfer of pricing power—from "asset fundamentals" to "statistical laws of public opinion games." Mechanically, when a public figure's historical judgment accuracy is consistently below random levels, the market gradually treats "betting against their judgments" as a statistically meaningful trading strategy, forming a self-reinforcing reflexive cycle: the more Cramer loudly announces sell-offs, the more funds flow into "inverse operations," and the more likely prices are to rise, which further validates the effectiveness of the "Inverse Cramer" strategy, attracting more funds to join the next cycle. The fragility of this mechanism lies in its reliance on the statistical laws of public opinion games rather than the intrinsic value support of the assets themselves; once the macro liquidity environment reverses (as seen in the September pullback due to the U.S.-Iran conflict), prices will still adjust downward following real fundamental factors, and public opinion games can only amplify short-term volatility without changing the direction of the mid-term trend.
ABAB News · Cognitive Law
The more confidently experts shout sell, the more reason the market has to buy against them.
Public opinion can also be turned into a tradable ETF.
Emotions can amplify increases but do not determine trends.