Jim Cramer Sells Off Most of His Bitcoin Holdings Over China's FUD

The ongoing crackdown on bitcoin mining facilities in China has fueled the already existing FUD in the crypto space, prompting several holders, including Mad Money host, Jim Cramer, to liquidate most of their bitcoin holdings. In a recent report by CNBC, Cramer revealed that he had liquidated his bitcoins due to concerns over China’s new stance against cryptocurrencies.