Jim Cramer, hosted by CNBC’s Crazy Money, said on Monday that he would sell all of his as the cryptocurrency market recovered Bitcoin BTC/USD establishments.

What happened: Cramer is urging investors to exercise caution when dealing with Bitcoin as the cryptocurrency is still subject to manipulation. At bad moneyCramer warned that “Bitcoin is a strange animal,” and investors should sell their holdings amid the rally.

“I would sell my bitcoin in this rally, believe me, and I had believed in BTC,” Cramer said.

See also: Top Indian Apps Giving Bitcoin, NFT Rewards

It should be noted that Bitcoin surged above $24,000 for the first time in over two weeks.

This isn’t the first time Cramer has delved into the crypto markets. Before that, in January, he slammed the cryptocurrency markets calling them “really a sham.”

The closure of Silicon Valley Bank, a subsidiary of SVB Finance Group SIVBAnd signature bank SBNY makes this a particularly difficult time for investors who rely on Cramer’s stock recommendations. Amid these closures, many stocks Cramer previously recommended are among the biggest downsides.

Cramer had called Signature Bank one of his favoritesonly for regulators to shut down the bank weeks later.

Price promotion: Apex Crypto Bitcoin traded at $24,389, up 9.33% in the last 24 hours, according to Benzinga Pro.

Continue reading: Bitcoin, Ethereum, Dogecoin Rise Amid Financial Stability Issues, Analyst Sees Apex Crypto Surpass $25K as FOMO Lures Investors