Crypto markets opened the new year on a high, but the tables have turned only a day after Jim Cramer turned bullish on Bitcoin. What Happened: After Cramer reversed his stance on Bitcoin (CRYPTO: BTC), the cryptocurrency tanked, following a Matrixport report stating a Spot Bitcoin ETF approval will be delayed. Back in early 2023, Cramer advocated for exiting crypto, saying it’s never too late to sell. The global crypto market cap is currently down 6.7% over the past 24 hours and stands at $1.63 trillion: Bitcoin and Ethereum (CRYPTO: ETH) are both trading at a daily 6% loss at the time of writ…

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