Biden‘s capital gains tax plan to bring cryptocurrencies to earth from the moon?
There are often multiple causes for an asset to plummet, but Bitcoin’s (BTC) 10% “plummet”, which took place on April 22, can be attributed to the Biden Administration’s informed plan to tax earnings. of capital at twice the current rate of the richest in the United States. . is typically volatile, so you probably shouldn’t read too much on a double-digit swoon in any given week, but this could be as good a place as any to reflect on the potential impact of taxes on capital gains and United States taxes. in general, about the future growth of cryptocurrencies and blockchain technology. Continue reading on Coin Telegraph
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