Jim Cramer predicted Monday that JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon will shun his skepticism and “go all in on cryptocurrency.”
What happened: During a CNBC segment, Cramer weighed in on the market’s ongoing bull run, which has propelled Bitcoin (CRYPTO: BTC), the world’s leading cryptocurrency, past $123,000.
Cramer commented on the emerging trend in which firms are borrowing money to establish corporate treasuries for currencies such as Bitcoin and even Ethereum (CRYPTO: ETH).
The Mad Money show host then shifted his attention to Dimon, one of the fiercest Bitcoin skeptics on Wall Street.
“You know the …