Jim Cramer Prefers Gold to Bitcoin for Portfolio Insurance, but Backs 2 ‘Vetted’ Cryptos

Jim Cramer said he prefers gold bullion over Bitcoin as portfolio insurance, while describing Bitcoin and Ethereum as the more vetted cryptocurrencies. The remarks are an opinion from a media personality rather than a change in fundamentals, and Cramer's track record draws mixed reactions from traders. With no capital flows or policy changes involved, the story is unlikely to move BTC or ETH prices on its own.