{"id":30801,"date":"2026-06-04T20:32:23","date_gmt":"2026-06-04T20:32:23","guid":{"rendered":"https:\/\/bitunikey.com\/news\/why-is-jim-cramer-calling-bitcoins-latest-crash-a-murder\/"},"modified":"2026-06-04T20:32:32","modified_gmt":"2026-06-04T20:32:32","slug":"why-is-jim-cramer-calling-bitcoins-latest-crash-a-murder","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/why-is-jim-cramer-calling-bitcoins-latest-crash-a-murder\/","title":{"rendered":"Why is Jim Cramer calling Bitcoin\u2019s latest crash a murder?"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bitcoin has fallen below $64,000 after Strategy\u2019s small BTC sale intensified pressure on a market already facing ETF outflows and renewed criticism from high-profile skeptics.<\/p>\n<div id=\"cn-block-summary-block_604a4276de433075f73badfe562b50a2\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin fell below $64,000 after Strategy disclosed a 32 BTC sale, raising fresh concerns across the crypto market.<\/li>\n<li>Jim Cramer said Strategy\u2019s move shook confidence because investors viewed Saylor\u2019s company as a major Bitcoin supporter.<\/li>\n<li>SoSoValue data showed U.S. spot Bitcoin ETFs recorded $1.40 billion in outflows during early June.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to Strategy\u2019s latest disclosure, the Michael Saylor-led Bitcoin treasury firm sold 32 BTC after trading opened on Monday, days after BTC traded just under $74,000 on June 1. The sale was small compared with the company\u2019s total holdings, but traders quickly focused on the timing because Strategy has long been viewed as one of Bitcoin\u2019s most visible corporate backers.<\/p>\n<p>Bitcoin dropped sharply after the announcement, while Strategy shares also came under pressure. Market data cited in the report showed MSTR down about 15% since the disclosure, with the company sitting on an unrealized Bitcoin loss of roughly $10.8 billion.<\/p>\n<h2 class=\"wp-block-heading\">Cramer Says Strategy Sale Shook Bitcoin Confidence<\/h2>\n<p>CNBC host and former hedge fund manager Jim Cramer said Saylor\u2019s decision has unsettled crypto traders because many investors believed Strategy helped support Bitcoin\u2019s previous highs.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Who murdered Bitcoin? <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/X75J0JeSeX\">https:\/\/t.co\/X75J0JeSeX<\/a><\/p>\n<p>\u2014 Jim Cramer (@jimcramer) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/jimcramer\/status\/2062564222253301815?ref_src=twsrc%5Etfw\">June 4, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>In his remarks after the disclosure, Cramer said he may need to rethink his pro-Bitcoin view because Strategy had \u201cpropped it up\u201d for years. He described Strategy as a \u201ckey trampoline\u201d for Bitcoin, although he said calling the move market manipulation would be \u201ctoo strong.\u201d<\/p>\n<p>Cramer later argued that the sale changed how investors viewed Bitcoin\u2019s recent rise. He said many traders now believe crypto reached earlier peaks largely because of Saylor\u2019s continued buying. Responding to Strategy\u2019s unrealized loss, Cramer referred to Bitcoin\u2019s \u201cmurder\u201d and criticized the company\u2019s position.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">ETF Outflows Add Pressure to Bitcoin<\/h2>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-btc-spot\" target=\"_blank\" rel=\"nofollow\">SoSoValue data<\/a> showed that U.S. spot Bitcoin ETFs posted $2.43 billion in net outflows in May. The same data showed another $1.40 billion leaving the funds during the first three days of June.<\/p>\n<p>Those withdrawals added pressure after Bitcoin had already struggled for months following the Oct. 10 flash crash last year. The ETF data suggests institutional demand has weakened at the same time Strategy\u2019s sale has raised questions about corporate support for BTC.<\/p>\n<p>Bitwise advisor Jeffrey Park offered another explanation for the withdrawals. Park said some investors may be moving money out of Bitcoin to prepare for expected IPO opportunities, including SpaceX and Anthropic.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Schiff Renews Attack on Saylor\u2019s Bitcoin Strategy<\/h2>\n<p>Economist and longtime Bitcoin critic Peter Schiff said the latest price action represents more than normal volatility. Schiff argued that investors are selling Bitcoin to avoid larger losses or to move toward other investment opportunities.<\/p>\n<p>Schiff also claimed Saylor is caught in a difficult cycle because Strategy needs to keep buying Bitcoin as other investors sell. According to Schiff, the company\u2019s ability to support Bitcoin depends on whether it can continue issuing stock.<\/p>\n<p>He further argued that Strategy could face problems if MSTR shares trade at a discount. In Schiff\u2019s view, weaker access to share issuance would hurt the company\u2019s ability to buy more Bitcoin and maintain confidence in its treasury plan.<\/p>\n<p>Although Strategy\u2019s 32 BTC sale was small, the market reaction showed how closely investors track Saylor\u2019s moves. Cramer, Schiff, and ETF flow data each placed Strategy back at the center of the Bitcoin debate.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has fallen below $64,000 after Strategy\u2019s small BTC sale intensified pressure on a market already facing ETF outflows and renewed criticism from high-profile skeptics. Summary Bitcoin fell below $64,000&hellip;<\/p>\n","protected":false},"author":1,"featured_media":30802,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-30801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/30801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=30801"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/30801\/revisions"}],"predecessor-version":[{"id":30803,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/30801\/revisions\/30803"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/30802"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=30801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=30801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=30801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}