Jim Cramer Questions Bitcoin's $90K Support, Highlights Derivatives Concerns

Nov 19, 2025, 12:57 p.m. 5 sources neutral

Popular financial commentator Jim Cramer broke his silence on Bitcoin, expressing mixed feelings about the cryptocurrency. In a social media post on November 19, 2025, Cramer stated, "I like Bitcoin but i do not like any of the derivatives created to play it or game it or mine it." He pointed to Bitcoin's persistent hold above the $90,000 mark, suggesting that unseen market forces or a "cabal" are artificially supporting the price.

At the time of his comments, Bitcoin was trading around $91,500, having recently dipped to $89,800 before a swift rebound. Cramer described the price action as unnatural, emphasizing that derivatives like perpetual swaps, leverage, structured products, and miner hedges are shaping short-term behavior and boxing BTC into the $90,000-$92,000 range.

The remarks sparked discussions around the "Inverse Cramer" phenomenon, where traders often take contrarian positions based on his predictions due to his history of inaccurate market calls. This setup occurred as markets prepared for Nvidia's earnings report, with options implying a 7-8% move, adding to broader volatility and serving as a key risk benchmark.

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