During a Bloomberg TV interview on Wednesday, SEC Chair Gary Gensler repeated his assertion that crypto is “rife with bad actors.” Gensler told Bloomberg that he splits the industry into two, one being bitcoin and "everything else." "I've been around finance for over four decades, and everything in the markets trade on a mixture of fundamentals and sentiment at any given time," Gensler said. "But I've never seen a field that's so much wrapped up in sentiment and not so much about fundamentals."