Jim Cramer questions where the bitcoin bulls are as the crypto price slides to $74,000
AiCoin|Feb 02, 2026 11:50
Jim Cramer sounds the alarm on bitcoin’s "unreliability" as a short-term currency after a sharp weekend drop.
What to know : Cramer highlights $73,000 as a vital floor for bitcoin, warns that the asset must reclaim $77,000 to establish a "launching pad" for future gains. Despite Strategy chairman Michael Saylor hinting at new weekend purchases, Cramer expressed skepticism about whether "the usual defenders" can provide enough buy-side pressure to stop a deeper break. The selloff is leaking into other sectors; Cramer noted that leveraged traders in metals and speculative stocks are liquidating positions to cover crypto losses, potentially dragging down wider risk markets.
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