Bitcoin slides, but crypto bull story persists: Riot Platforms CEO

Bitcoin (BTC-USD) slides are falling from its post-election highs. Riot Platforms (RIOT) CEO Jason Les joins Catalysts Hosts Seana Smith and Madison Mills to discuss the move.

“It’s been quite a momentous movement in the bitcoin and broader cryptocurrency market since the presidential election … Simply being friendly and not adversarial, the new Trump administration has lifted a massive regulatory burden that was carried over this whole space,” Les says. He adds, “By simply not being adversarial, even being just neutral, it is a 180-degree environment from what we have dealt with for the past four years.”

The CEO says, “The new administration in the White House, with the changes that we’ve seen in Congress, we have opened the way…

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