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Bitcoin tumbles below $50,000, other cryptos sink over Biden

Bitcoin tumbles below $50,000, other cryptos sink over Biden tax plans
Reuters | Apr 24, 2021 12:17 AM EDT
The exchange rates and logos of Bitcoin (BTH), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) are seen on the display of a cryptocurrency ATM of blockchain payment service provider (Photo : REUTERS/Arnd Wiegmann)
Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concern that U.S. President Joe Biden s plan to raise capital gains taxes will curb investments in digital assets.
News reports on Thursday said the Biden administration is planning a raft of proposed changes to the U.S. tax code, including a plan to nearly double taxes on capital gains to 39.6% for people earning more than $1 million. ....

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Bitcoin tumbles below $50,000, other cryptos sink over Biden tax plans

Bitcoin tumbles below $50,000, other cryptos sink over Biden tax plans
india.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from india.com Daily Mail and Mail on Sunday newspapers.

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Bitcoin tumbles below $50,000, other cryptos sink over Biden tax plans

Bitcoin tumbles below $50,000, other cryptos sink over Biden tax plans
By Stanley White, Anna Irrera and Gertrude Chavez-Dreyfuss
Reuters
TOKYO/LONDON/NEW YORK (Reuters) - Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concern that U.S. President Joe Biden s plan to raise capital gains taxes will curb investments in digital assets.
News reports on Thursday said the Biden administration is planning a raft of proposed changes to the U.S. tax code, including a plan to nearly double taxes on capital gains to 39.6% for people earning more than $1 million.
Bitcoin, the biggest and most popular cryptocurrency, slumped to $47,555, falling below the $50,000 mark for the first time since early March. It was last down 4% at $49,667. ....

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Crypto: Bitcoin, Ether, XRP, Dogecoin sink over Biden tax plans

Crypto: Bitcoin, Ether, XRP, Dogecoin sink over Biden tax plans
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Công ty bất động sản cho phép trả tiền thuê nhà bằng Bitcoin

Công ty bất động sản cho phép trả tiền thuê nhà bằng Bitcoin
vietbao.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietbao.vn Daily Mail and Mail on Sunday newspapers.

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