Jim Cramer’s Black Monday Prediction Comes True as Crypto & Stock Markets Crash Together
In an unusually accurate call, Jim Cramer predicted a market crash reminiscent of 1987’s Black Monday—and it happened. Triggered by Trump’s aggressive April 2 tariffs, including a 34% hit on China, global markets unraveled by April 7, wiping out over $20 trillion. The Dow plunged nearly 4,000 points in two days, and Asian, European, and U.S. markets followed suit. Crypto wasn’t spared—Bitcoin fell below $76K, with $1.4 billion in liquidations, mostly long positions. Cramer had warned that without strategic diplomacy, history could repeat itself—and it did. The crash echoed 1987’s panic: geopolitical tension, algorithmic selling, and market fragility.
2025-04-09Read
