Binance CEO Makes Fun of Crypto Skeptics Jim Cramer as BTC Crosses the $20k Mark

Changpeng Zhao, the CEO of Binance, the largest cryptocurrency exchange, mocks Jim Cramer, a fervent crypto skeptic who has advised crypto investors to liquidate their Bitcoin holdings at a loss.

The Binance CEO mocked Cramer on Twitter yesterday after the crypto skeptic's pessimistic prediction regarding crypto proved incorrect.

Bitcoin (BTC) plummeted from above $21,000 to a two-year low of $15,883 in November as a result of the FTX debacle. According to data from the market tracking tool CoinMarketCap, the currency never recovered its $21,000 price until yesterday, when it traded at $21,075, the first time in nearly nine weeks.

However, in an amazing turn of events, the global crypto market cap is on set to surpass $1 trillion once more after closing 2022 below $790 billion.