Kraken Co-CEO Says Bitcoin Is On Way Out Of Bear Market

Kraken's co-CEO Dave Ripley says the move back above $80K makes him think the Bitcoin bear market is over. He believes this may be the softest bear market in Bitcoin's history. Ripley explains how retail and institutional customers are approaching Bitcoin, and discusses Kraken's plans, including diversifying revenue ahead of an IPO. He also talks about the potential for Bitcoin as digital gold for institutions and the role of stablecoins in opening the door for Bitcoin payments.