According to Ryan Mcmillin, chief investment officer of crypto fund manager Tectonic, crypto investors should be comfortable with a 20% correction in a bull market. He said that there’s “no reason to think this is not a bull market,” and that the current environment represents a great buying opportunity. The crypto market saw a broad-based selloff on Monday after comments from Federal Reserve Chair Jerome Powell were interpreted as dovish, leading to speculation that the Fed may not raise interest rates as quickly as expected. Additionally, the Fed currently cannot hold bitcoin (BTC) or other cryptocurrencies as a strategic reserve asset. However, Mcmillin believes that these factors are not a cause for concern. He said that the crypto market is still in its early stages of development, and that it is natural for there to be some volatility. He also pointed out that the Fed has not taken any concrete action against cryptocurrencies, and that it is still possible for the Fed to change its stance in the future. Overall, Mcmillin is optimistic about the long-term prospects for cryptocurrencies. He believes that the current correction is a buying opportunity, and that investors should not be afraid to add to their positions.