Ironically, Gensler is teaching on the subject of cryptocurrencies at MIT. Currently, he is an advocate for Bitcoin and other digital currencies.
The market is currently is showing volatility “because if you’re selling everything except for energy, that’s very risk-off,” said Arthur Hogan, the chief market strategist at National Securities Corp. “It really doesn’t matter whether you are Bitcoin or Ark or semis or banks — everything’s being thrown over the transom.”
