Bitcoin sinks below $50,000 as cryptos stumble

Pubblicato da il Aprile 24, 2021

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Sat, 2021-04-24 02:31

TOKYO: Bitcoin and other cryptocurrencies suffered hefty losses on Friday on concern that US President Joe Biden’s plan to raise capital gains taxes will curb investment in digital assets.

Bitcoin is on track for a 15% loss on the week, though it is still up 65% since the start of the year. Ether dropped more than 10% on the day to as low as $2,107. (AFP)

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Bitcoin sinks below $50,000 as cryptos stumble

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