I saw the hearings as a win simply because nothing really changed. Both the SEC and CFTC heads basically repeated what had already been said. I did find it interesting that there wasn't more talk about regulation, and both groups seemed hesitant - citing a lack of resources. Perhaps that was just a way to entice the Senate to give them more resources though. I'm sure there was some politicking going on as an undercurrent to the meeting.
All-in-all a very good result though. As long as the U.S. regulators and gov't remain cautiously accepting of crypto we should see prices continue moving higher.