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RE: Why The SEC and CFTC Hearing Was Awesome For Cryptos!!!!

in #steem7 years ago

Nice to see that neutral news moved the markets up so much. I was shocked to see BTC above 8K this morning. I was expecting another test of 6K but now I kinda doubt that's gonna happen.

As far as the pace of rule and regulation-making goes, I think a snail's pace is a pretty accurate comparison. Let them ponder it and have their hearings etc while the market surges once again. It's a bit early to call it a new rally but today's price action sure looks promising with coins up anywhere from 10 to 60% from my brief glance at https://coinmarketcap.com/