Jim Cramer: Soaring US Debt Turbocharges Bitcoin & ETH as Must-Have Assets

Wall Street's lightning rod just struck crypto—again. Jim Cramer doubles down on Bitcoin and Ethereum as America's debt spiral accelerates.

The debt doom loop

When the CNBC host starts sounding like a crypto bro, you know traditional finance is in trouble. Cramer's latest take? The US government's reckless spending makes decentralized assets look like the only grown-ups in the room.

Digital gold 2.0

Forget 'store of value'—this is store-of-last-resort territory. With Treasury yields flatlining and the dollar looking shaky, even TV's most volatile stock picker sees the writing on the blockchain.

The cynical kicker

Nothing unites Wall Street and crypto like watching politicians burn fiat currency—while collecting their own paychecks in it. At least Bitcoin's inflation schedule doesn't change after happy hour.

Cramer “Believes” In Bitcoin And Ethereum

Cramer, in his latest interview with CNBC, shared his opinion on Bitcoin and Ethereum. Touting himself as a serious believer of both assets, Cramer shared how BTC and ETH are great options to explore as new safe haven assets in the current market scenario. The inflating US debt metrics have now gone out of control, with Jim Cramer adding how he has little faith that this development may ever gain stable control.

He later shared how bitcoin can beat the “financial armageddon,” claiming how the token’s resilience can help tackle the current economic woes.

JUST IN: Jim Cramer says he is a "huge believer" in Bitcoin & Ethereum. pic.twitter.com/EjTw9msX5P

Bitcoin and Ethereum Continue to Grow

Bitcoin and Ethereum, both tokens, have been performing spectacularly well in the current market scenario. Bitcoin has once again claimed $119K, with Ethereum rallying massively towards $5k. With such bullish waves washing over the market, both assets are poised to perform better in due time.

The ETF party just hit a wall!$BTC: -$812M$ETH: -$152M

That’s the 2nd largest Bitcoin outflow ever, and the Ethereum inflow streak just ended… FOR NOW… pic.twitter.com/Vav4Bkie31