The trade war between the United States and China has lasted for more than one year — and a resolution is nowhere in sight.World Economyread more
The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.Market Insiderread more
Pelosi said Trump should not have tried to address China's trade practices in a way that opened Americans up to financial pain.Politicsread more
Investors await the Fed's latest decision on monetary policy, set to be released on Wednesday stateside. The U.S. central bank is widely expected to cut rates by 25 basis...Asia Marketsread more
TransferWise posted an annual net profit of £10.3 million on revenues of £179 million.Technologyread more
Live the high life with a night's stay at Highclere Castle, the iconic stately home made famous by Downton Abbey.Spendread more
Large banking institutions face the risk of failure if interest rates in Europe continue to stay negative, warns the global chief economist of the Economist Intelligence Unit.Banksread more
The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
In the survey, conducted after the third in the Democratic Party's series of debate, the former vice president draws 31% compared to 25% for the Massachusetts senator. At 14%,...2020 Electionsread more
Stocks rose slightly on Tuesday, but gains were capped as the Federal Reserve kicked off a two-day monetary policy meeting.US Marketsread more
Cramer spoke moments after the digital currency spiked through $11,000, according to industry site CoinDesk, hours after surpassing the $10,000 level for the first time. Bitcoin has surged more than 1,000 percent this year.
"Even if you believe in bitcoin, the velocity of the move is a sign that it is parabolic. And parabolic moves don't last," Cramer said on "Squawk on the Street."
"And I know that when I look at that, I say to myself, 'OK, if I owned it, what would I really be doing?'" Cramer added. "And the answer is when you have that big of gain you have to take some profits. That velocity is crazy."
Cramer's comments on bitcoin resembled that of closely followed trader Art Cashin. Cashin, UBS director of floor operations at the New York Stock Exchange, said Monday that the cryptocurrency has reached "parabolic" levels, and the cryptocurrency has some at the Federal Reserve worried.
"I think we're in the fear-of-missing-out phase now," Cashin said on "Squawk on the Street." "I think initially there was some concern. I am told — and take this with a huge grain of salt — that the movement is even beginning to worry some people in the Federal Reserve."
Earlier Wednesday, William Dudley, president and CEO of the Federal Reserve Bank of New York, said the Fed is exploring the idea of its own digital currency, according to Dow Jones.
Bitcoin has risen as exchanges such as the CME Group and Cboe Options announced plans to launch futures contracts for the currency.
—CNBC's Evelyn Cheng and Reuters contributed to this report.