Bitcoin sinks below $50,000 as cryptos stumble over Joe Biden's tax plans

Zee News The selloff came after reports that the Biden administration was 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. https://ift.tt/eA8V8J April 23, 2021 at 03:33PM The selloff came after reports that the Biden administration was 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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