But what, or who, could have been the culprit behind the crash?

You cant kill it, said Cramer onCNBC Tuesday, referring to the remarkable rally Bitcoin had last year.

That being said, theres nothing set in stone for the financial vehicles approval just yet.

CNBC “Mad Money” Host Jim Cramer

CNBC “Mad Money” Host Jim CramerPhoto: Mikki Ansin (Getty Images)

However, some suspect this negative sentiment in a bullish environment to be the cause of the crash.

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