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Asian shares shake off US tax worries, lifted by gains in China Reuters SHANGHAI | Updated on Cryptocurrencies plunge, Bitcoin drops below $50,000 level A key gauge of Asian shares rose on Friday, supported by gains in China and a decision by the European Central Bank to maintain stimulus, while investors largely shrugged off the impact of a possible US capital gains tax hike. Modestly firmer equity markets contrasted with ructions in cryptocurrencies as investors fretted over the impact of tax changes. Bitcoin s rout deepened, dropping below the $50,000 level to a low of $48,338.37, its lowest level in nearly seven week. Ethereum plunged nearly 12 per cent before trimming losses, and was last down about 7 per cent at $2,240.65. ....