Bitcoin traded around $63,000 on Aug. 3, 2026, when Jim Cramer said he was selling over fears tied to quantum computing. Since then, BTC has climbed to $87,000, up 38% or $24,000 in 49 days.
Why it matters
The rally puts the timing of Cramer's warning against a sharp Bitcoin move. Over the same period, Bitcoin added $475 billion to its market capitalization.
Market impact
The gain does not settle the underlying quantum-computing risk, but it highlights the cost of exiting before a major rebound. For Bitcoin investors, the immediate signal is the scale and speed of the move from the $63,000 level.
Frequently asked questions
-
What price was Bitcoin at when Jim Cramer said he was selling?
Bitcoin was trading around $63,000 on Aug. 3, 2026, when Cramer said he was selling over quantum-computing fears.
-
How much did Bitcoin gain after Cramer's statement?
Bitcoin rose from about $63,000 to $87,000, a gain of $24,000 or 38% over 49 days.
-
How much market capitalization did Bitcoin add during the rally?
Bitcoin added $475 billion to its market capitalization during the 49-day move to $87,000.
-
What concern prompted Cramer to say he was selling Bitcoin?
Cramer cited fears tied to quantum computing as the reason for saying he was selling Bitcoin.
-
Does the rally resolve the quantum-computing risk for Bitcoin?
No. The rally highlights the scale of Bitcoin's rebound, but it does not settle the underlying quantum-computing risk.
WatcherGuru