On the morning of 7 February a protracted Market decline finally stopped. The market made a hesitant rebound and for the first time in a long time, solid green lights.
There are several reasons. But the main still that fear investors retreated. News on strict regulation of China’s already troubled not as much as something settled. And market concerns before the discussion of the approach to the cryptocurrency in the highest legislative body in the United States have vanished.
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The Chairman of the Commission on securities and exchange Commission (SEC) Jay Clayton and the Chairman of the Commission on trade commodity futures (CFTC) George. Christopher Giancarlo appeared before the Senate Committee on banking, housing and urban development for more than two hours, giving prepared statements and answering questions from regulators. Testimony was submitted earlier, on 5 February.
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