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Bitcoin Drops $2,000 After Jim Cramer Says ‘Just Go Buy Bitcoin’

Bitcoin fell about $2,000 after CNBC host Jim Cramer recommended buying the token.

bloomingbit

Publisher

Aug 22, 2026 at 11:29 AM UTC · 1 분 소요

Bitcoin Drops $2,000 After Jim Cramer Says ‘Just Go Buy Bitcoin’
Image via bloomingbit

Key Signal

$2,000 Bitcoin price decline

Entities

bitcoin

Market Impact

BTC+1.50%$78,904

Last Updated

2일 전

  • Cointelegraph said the price of Bitcoin fell by $2,000 after Jim Cramer said, “Just go buy Bitcoin.”
  • It also said about $1.3 billion in forced liquidations of positions occurred across the broader crypto derivatives market over the past 24 hours.
  • It said no direct causal link has been confirmed between Cramer’s comments and the drop in Bitcoin’s price.

Forecast Trend Report by Period

Bitcoin fell about $2,000 after CNBC host Jim Cramer recommended buying the token.

Cointelegraph, a cryptocurrency news outlet, wrote on X on August 22 that Bitcoin dropped $2,000 after Cramer said, “Just go buy Bitcoin.”

The broader crypto market also saw heavy liquidations over the same period. About $1.3 billion of positions were liquidated across the global crypto derivatives market in the past 24 hours.

Still, no direct causal link has been confirmed between Cramer’s comments and Bitcoin’s decline.

Why this matters

About $1.3 billion in derivatives liquidations points to significant leverage being unwound across the crypto market, which can amplify price volatility and force further selling. The reported Bitcoin decline occurred alongside that broader deleveraging, though no direct causal link to Cramer’s comments has been confirmed.

Follow the Story

  1. Aug 22Bitcoin Drops $2,000 After Jim Cramer Says ‘Just Go Buy Bitcoin’
  2. Aug 24Bitcoin payments nearly vanish at El Salvador's Bitcoin Beach, raising adoption concerns.
  3. Aug 24Bitcoin Core Dev Warns Bitcoin Payments Vanish at Bitcoin Beach
  4. Aug 24Fidelity International says its bitcoin ETP is yet to go ‘mainstream’
  1. Aug 22Bitcoin Drops $2,000 After Jim Cramer Says ‘Just Go Buy Bitcoin’
  2. Aug 24Bitcoin payments nearly vanish at El Salvador's Bitcoin Beach, raising adoption concerns.
  3. Aug 24Bitcoin Core Dev Warns Bitcoin Payments Vanish at Bitcoin Beach
  4. Aug 24Fidelity International says its bitcoin ETP is yet to go ‘mainstream’
#bitcoin#crypto

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Originally reported by bloomingbit

NewsLayer coverage based on externally reported material.

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Market Context

₿

Bitcoin

BTC

$78,943

+1.55% (24H)

$79,489$78,192$76,895
12 AM7 AM3 PM11 PM

Market Cap

$1.58T

24H Volume

$46.9B

24H High

$79,979

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

Topics

crypto

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