With the overall sentiment in the cryptocurrency sector becoming more optimistic and Bitcoin (BTC) reclaiming the significant price level of $37,500, investors wonder whether to dedicate their holdings toward crypto-related businesses.
One person who shared his thoughts on the latest developments is Jim Cramer, widely acknowledged for his dynamic persona and outspoken views on stocks and cryptocurrencies.
Following a question on his thoughts on CleanSpark (NASDAQ: CLSK) in his latest episode of CNBC Lighting Round, Cramer responded:
BTC 24-hour price chart. Source: Finbold
At the same time, BTC is posting strong fundamentals, trading above the 200-day moving average and experiencing 17 green days in the previous month.
Additionally, it experienced a 126% price increase over a year, allowing it to outperform 86% of its counterparts in the top 100 crypto assets.
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