Jim Cramer Says Bitcoin Is No Different Than 'Highly Erratic Stock'

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Bitcoin is seeing its worst slide since March. 

The cryptocurrency was falling as much as 21% after hitting its all-time high of $42,000 on Friday.

Jim Cramer said bitcoin is a market unlike any Wall Street has ever seen, noting that the cryptocurrency is no different than a "highly erratic stock." 

Watch his full take on the plunge in bitcoin in the video above. 

You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here.

Watch: Everything Jim Cramer Is Watching in the Stock Market Monday