The latest comments on CNBC (Squawk on the Street), Jim Cramer – the famous “king of predictions” (and often referred to as “inverse Cramer”) – revealed that he “heard” from a source in the financial world that:
President Donald Trump may start buying Bitcoin when the price hits $60,000 to supplement the U.S. Strategic Bitcoin Reserve (the national BTC reserve that Trump ordered to be established by executive order).
Cramer clarified:
"I heard at $60,000, [Trump] is going to fill the bitcoin reserve… You better cover, this is the level!"
However, we need to face reality.
🔶 This is just an unconfirmed rumor – there has been no official statement from the White House, the U.S. Department of Treasury, or any official sources.
🔶 The U.S. strategic BTC reserves currently exist only on paper (mainly from BTC confiscated by the government, about 328k BTC according to Arkham, with no new on-chain purchases). There is no legal mechanism in place for the government to buy large-scale BTC immediately.
🔶 This news spread rapidly after BTC dipped to the low range of $60k–$63k recently, causing FOMO and a psychological rebound.
Market impact:
If the rumor turns out to be true → It would create massive buying pressure from the government's 'smart money,' potentially pushing BTC up significantly in the long term.
But for now: It’s just hype + mixed FUD – investors need to closely monitor official statements or government on-chain wallets.
DYOR & NFA: This is just reference information, not investment advice. The crypto market is highly volatile, don’t FOMO on rumors!
What do you think? Is this rumor real or just a reversed 'Cramer effect'? Are you waiting for BTC to drop to $50k - $60k to buy the dip?
Comment your BTC position below, tag your trader friends to discuss!
#bitcoin #BTC #TRUMP #CryptoNewss #BinanceSquare
