Jim Cramer, host of CNBC’s Mad Money, has stirred discussion across the crypto community after suggesting that a short-term rally in crypto prices could be on the horizon.
In his latest remarks, Cramer suggested that cryptocurrencies are set for a “push today”. His commentary comes on the heels of a prolonged market downturn, which has sent the total valuation of the crypto market from over $4 trillion to $3.65 trillion.
Notably, Cramer is predicting a short-term rebound that could drive crypto asset prices higher today.
Dot-Com-Like Crash Looms
However, Cramer warned against too much speculation in the crypto market, comparing it to the dot-com bubble of 2000. He believes crypto has become overhyped, much like internet stocks were before that crash.
He also brought up JPMorgan CEO Jamie Dimon’s “cockroach” metaphor to highlight his concerns. While Dimon recently said the “cockroaches are ending,” Cramer pointed out that JPMorgan’s $1.5 trillion fund might have actually encouraged more risky trading, including in crypto.
For context, Dimon recently used the “cockroach” metaphor to warn about growing risks in the private credit market. Despite his cautionary remarks, JPMorgan announced the launch of a massive $1.5 trillion National Security Fund. According to JPMorgan, the fund will be directed toward industries deemed vital to the U.S. economy and national security interests.
While crypto wasn’t mentioned in the announcement, Cramer believes it sparked a wave of speculation in the crypto space. He warned investors to be cautious of the growing hype before it leads to major losses.
In the meantime, he advised crypto investors to “TRIM” their positions, meaning reduce their exposure—before a potential bubble bursts.
X Users React
Meanwhile, Cramer’s latest commentary, specifically his comment about crypto being due for a push today, has sparked concerns among investors, given his track record of notable prediction misses.
Historically, Cramer’s predictions have often played out in the opposite direction, with many investors viewing his bullish calls as contrarian sell signals. For instance, after predicting that Bitcoin would crash in January 2024, the premier asset spiked over 40% the following month.
As a result, his recent prediction of a crypto rally has not been well received by enthusiasts, some of whom pointed out how many of his bullish calls have ended poorly for Bitcoin.
Please stop I'm begging you pic.twitter.com/AOrvgmCal3
— Karama Ram (@Kramaramb) October 22, 2025
Meanwhile, popular crypto exchange Bitget even humorously hinted at plans to block him following the prediction.
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