only price that trading these sorts of things are at the c f t c at the chicago board options exchange and the chicago mercantile exchange trading futures on bit coin. but at some point do you think we're going to have regulated exchanges gary good now we've got exchanges out there koin based as others are throughout the world that trade these digital currencies so it's one thing to say will we at some point have registered coins that are approved by the f.c.c. it's another thing to say ok if they're approved as a scaredy where the heck are they traded are they traded still on these quote unquote dark markets or are they going to be traded in the future do you believe on regulated exchanges like nasdaq where i was just a little bit ago of going back to or at. n.y.s.e. for example well it's a very very good question i think that's one of the issues that christian college brought up before the senate has to set a testimony is that there is the gaps and they should be addressed but let me say a couple things on that one to day the exchanges out there the spot exchanges are regulated in the united states the spot ex

at the chicago board options exchange and the chicago mercantile exchange trading future. yours on that coin. but at some point do you think we are going to have regulated exchanges gary good now we've got exchanges out there coin based as others are throughout the world that trade these digital currencies so it's one thing to say will we at some point have registered coins that are approved by the f.c.c. it's another thing to say ok if they're approved as a scaredy where the heck are they traded are they traded still on these quote unquote dark markets or are they going to be traded in the future do you believe on regulated exchanges like nasdaq where i was just a little bit ago of going back to or at n.y.s.e. for example well it's a very very good question i think that's one of the issues that christian college brought up before the senate has to set a testimony is that there is these caps and they should be addressed but let me say a couple things on that one to day the exchanges out there the spot exchanges are regulated in the united states the spot exchanges have to b

cme, with volatility, about, the chicago mercantile exchange llould do we >> 23 degree >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now >>> hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to educate and teach talking about a crazy day like today. so call me at 1-800-743-cnbc or tweet me @jimcramer. say hello to the new new normal. the same as the old normal after another whip solid day where the dow is flying high and then nose dives to close 19, look at this you blinked and you missed it or you blinked and you got crushed by it. nasdaq got pummelled you need to get used to craziness. and believe me, i have been around forever, it is craziness. if you can't handle it, you have to take your bat and ball and go home people call the environment that we had for the last year the new normal but you know what, there was not

cme, with volatility, about, the chicago mercantile exchange llould do we >> 23 degree >>> my missiony i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now >>> hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to educate and teach talking about a crazy day like today. so call me at 1-800-743-cnbc or tweet me @jimcramer. say hello to the new new normal.

announcement on october first twenty seventeen the largest derivatives exchange in the world the chicago mercantile exchange and now and said they would start issuing coin futures and that's what caused that big run up at the end of the year so the price was around six thousand dollars in october and it shot up to almost twenty by the end of the year so there was a little bit of irrational exuberance with the excitement that a very large company was offering a traditional profit product and so now we're seeing a little bit of a correction but overall on a nacro economic perspective the industry is actually and the growth phase and the overall chain ecosystem is up on a year over year basis so has been a bit of a sense that maybe this is a kind of fashionable and and questioning as to whether we could put confidence in these cryptocurrency is cannot be feeding into as well we pop people losing confidence because they're just not quite sure with it being an unknown quantity is so new. i can assure you this is not a fad when i first got into a big box chain over five years ago the price was about thirteen doll

jpmorgan, mastercard, and the chicago mercantile exchange. if you don't like losing money, look away. ge falling yet again it's actually up .4% overall earlier, the stock hitting its lowest level since 2011 ouch >> $13 and change earlier today. for more on this market rally, let's bring in bob pisani and mike santoli mike, i'll start off with you because today is kind of an interesting anniversary. it marks the one-month anniversary since the markets melt-up peak but surprisingly, even though the markets went through this bout of volatility, not a lot has changed in terms of the fundamental characteristics of the rally we have seen >> one of the things that's pretty striking about the recovery is the leadership profile in the market has been roughly what it was going into the peak it's not been as broad a rally but definitely been very solid and led by things like financials, technology, industrials. those sectors that in fact were more cyclical oriented and basically say good things about what's happening in the economy. down 3.5% from that