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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 dk okuma

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+1.04%$77,651

Last Updated

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  • 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.

Follow the Story

  1. Aug 22Bitcoin Drops $2,000 After Jim Cramer Says ‘Just Go Buy Bitcoin’
  2. Aug 23Bitcoin's True Purpose Revealed: Michael Saylor Explains Concept of Digital Energy
  3. Aug 23Peter Schiff warns AI growth threatens Bitcoin's security and investment appeal.
  4. Aug 23Paul Sztorc’s Bitcoin Fork ECX Rips Past 25,000 Blocks in Just 13 Hours

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Originally reported by bloomingbit

NewsLayer coverage based on externally reported material.

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Market Context

Bitcoin

BTC

$77,655

+1.05% (24H)

Market Cap

$1.56T

24H Volume

$24.6B

24H High

$77,787

View Bitcoin Market Page

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