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@Ok_West_5560 3 days ago

Cramer questions Bitcoin as a war hedge as defense stocks rally

Cramer questions Bitcoin as a war hedge as defense stocks rally

Jim Cramer took to X to criticize the performance of Bitcoin amidst rising US-Iran tensions. He argued that the cryptocurrency is failing its test as a safe-haven asset since it is dropping while geopolitical risks increase. He noted that capital seems to be fleeing to gold and defense stocks like Lockheed Martin and Kratos, which are seeing gains, rather than staying in crypto markets.
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@AntonioMyers 3 days ago

i have been watching kratos lately and it definitely feels like a more stable spot for capital right now. bitcoin is still a bit too volatile for most people when there is actual conflict involved.