The article discusses the current state of the cryptocurrency market and offers reassurance to those concerned about the recent fall in the price of Bitcoin. The author highlights that Ethereum (ETH) is holding steady at $2,100. Co-host Jason Yanowitz shares his thoughts on the market, stating that this is not a bear market but rather a bull market pullback. He references previous pullbacks in Bitcoin and other cryptocurrencies in 2021. The author agrees with Yanowitz's assessment and emphasizes the importance of staying calm during pullbacks. The article also mentions a recent SEC statement on memecoins, characterizing it as a mixed bag. While the SEC has clarified that memecoins do not fall under their jurisdiction, there is still a need for self-regulation in the industry to prevent fraudulent conduct.



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