Bitcoin fell 70% from 19500$ peak and negative headlines had wiped out billions in value in cryptocurrencies,
But top U.S. regulators testifying before a Senate committee called for greater oversight, without proposing industry-killing measures.
That was something different from crackdown on crypto that hapened in asia, and created picture of stable asset from Bitcoin.
That news gave enough positive momentum for traders to continue investing in cryptocurrencie market and Bitcoin, and returned more than
100 billion $ back in crypto market, as we can see in the last week.
Something that can give us a little more volatility in price is Chinese New Year celebrations for the Year of the Dog begin in China
and follow across much of Asia, including Hong Kong, Taiwan, Singapore, Malaysia and Indonesia.
Chinese mainland markets are closed Feb. 15-21.
actualy this kind of feed news gives us,hope to still moving forward to continue investing in cryptocurries,and give positive impact to the traders, to still believe that all of this bearish is only a temporary,otherwise as of now bitcoin is not so much stabilize even the other crypto coins when if we look up in the coin market caps,but theres a bull run coming that we've waiting for and maybe this is our hope to gain a good profits again.