Jim Cramer Advocates Bitcoin and Ethereum as Hedge Against U.S. Debt Concerns

The CNBC host defends his pro-crypto stance despite price volatility and skepticism over its role as a financial hedge.

Jim Cramer, host of CNBC's 'Mad Money,' recommends Bitcoin and Ethereum as portfolio additions to hedge against rising U.S. national debt.
Cramer argues that cryptocurrency offers a 'plausible' narrative for protecting against government overspending, despite lacking a proven track record as a financial hedge.
The U.S. federal debt has surpassed $35 trillion in 2024, with a $1.83 trillion deficit this year, raising concerns about the dollar's long-term stability.
Bitcoin's price dropped nearly 5% after Cramer's recent bullish call, fueling discussions around the 'Inverse Cramer' strategy, which bets against his predictions.
Cramer acknowledges his stance could change if the U.S. deficit is brought under control, but he remains skeptical about the political will to address the issue.