Cramer says it’s ‘insane’ and ‘frightening’ that crypto trading is influencing the stock market

Cramer says it’s ‘insane’ and ‘frightening’ that crypto trading is influencing the stock market

CNBC's said Thursday he's unsettled by the idea that highly volatile cryptocurrencies appear to be influencing trading in the U.S. stock market. The , the and the tech-heavy were all higher early Thursday as and other cryptos recovered. The major Wall Street benchmarks Wednesday all finished as bitcoin mounted a comeback from its morning to more than three-month lows near $30,000. With the intraday improvement in stocks on Wednesday likely tied to the afternoon bounce in the crypto market, Cramer said, "It's insane. It's insane." Cramer's premarket comments on followed Wednesday's wild session in not only bitcoin but other cryptocurrencies, such as .