Crypto News | Bitcoin, Ethereum Collapse on Biden Tax Plan
Biden’s proposed tax hike sees investors unload profitable assets
- Bitcoin intensifies losses, falls below $50,000
A proposed hike in capital gains tax by President Biden seems to be making investors jitterish about digital coins, causing Bitcoin to fall below the $50,000 mark for the first time since March, whilst other cryptos like EOS, Stellar and, Bitcoin cash are dropping over 13% this morning.
