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  • Market Cap: $2.7727T 4.18%
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Cryptocurrency News Articles

Bitcoin Price Up 2.63% in 24 Hours

May 22, 2025 at 10:02 am

On May 22, 2025, Bitcoin was trading at $110,545, equivalent to approximately IDR 1,802,207,612, marking a 2.63% increase over the past 24 hours.

Bitcoin Price Up 2.63% in 24 Hours

In the rapidly evolving world of finance, wisdom and emotional control are crucial, especially amid rumors and speculations.

After Moody’s downgraded the United States’ credit rating, which triggered a turbulent start to the week, Mad Money host Jim Cramer had some advice for investors.

He urged them to keep their emotions in check and not panic, noting that digital assets like Bitcoin could be a safety net amid uncertainty about the national debt.

“This is a wake-up call for you to start investing more—not aggressively, but from funds that you can spare,” Cramer said.

He added that selling assets after a downgrade is not a strategy that has proven effective in the past.

Cramer suggests that those who are concerned about the rising national debt should consider assets outside of traditional markets. He specifically mentions gold and Bitcoin as viable alternatives amid fiscal uncertainty.

“Fear is something that must be controlled if you want to be a good investor,” Cramer explains, emphasizing that panic often leads to bad decisions.

Bitcoin, in particular, has shown resilience in recent days. After the announcement of the downgrade, Bitcoin’s price did fluctuate, but remained above key support levels despite the news.

Cramer noted that digital assets such as Bitcoin could be a buffer for those who are worried about government profligacy in debt.

He also mentioned that fear narratives are often driven by parties with certain financial interests.

“The people who are spreading these rumors are either ignorant fools who don’t know anything, or they are very cunning short sellers who need to spread fear to benefit their business,” Cramer said.

Original source:co

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