Jim Cramer's full comments on bitcoin's outlook after China's crypto crackdown

Bitcoin sank Monday on reports that China has intensified its crackdown on cryptocurrency mining. Many bitcoin mines in Sichuan were shuttered Sunday after authorities in the southwestern Chinese province ordered a halt to crypto mining, according to a report from the Communist Party-backed newspaper Global Times. CNBC's Jim Cramer, Carl Quintanilla and David Faber discuss.