tldr; Jim Cramer, host of CNBC’s Mad Money, has changed his negative view on bitcoin, acknowledging it as a 'technological marvel' and stating it's here to stay. This shift comes as bitcoin's price surpassed $45,000 and ahead of anticipated U.S. regulatory approval for a spot ETF. Cramer previously sold most of his bitcoin in 2021 and had a bearish stance during the Sam Bankman-Fried trial. While not fully bullish, he suggests the ETF approvals might lead to a 'sell the news' event.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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