CNBC economist and commentator Jim Cramer made a provocative claim on the Market Alert program, stating that U.S. President Donald Trump has begun purchasing Bitcoin for the U.S. Strategic Bitcoin Reserve. Cramer alleged the purchases occurred after Bitcoin's price recently dropped to levels below $60,000.
The claim follows a significant market downturn where Bitcoin (BTC) fell to around $60,000 this week. Cramer suggested that Trump capitalized on this price decline to add to the national reserve. However, he acknowledged that his statement was based on hearsay, and there is no official confirmation or on-chain evidence to support the claim of U.S. government purchases during the recent dip.
This assertion contradicts previous statements from U.S. officials and Trump himself, who indicated that while cryptocurrencies might be added to the strategic reserve, the government would not be actively buying them. The stated policy was to hold such assets without selling them.
Following the drop to the $60,000 level, Bitcoin's price staged a strong recovery, climbing back above $70,000. The timing of this rebound, following Cramer's unverified claim, has fueled speculation and discussion within the crypto community, though the report remains uncorroborated.
