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24/04/2021 Watch: Mark Richardson reveals he's invested in popular cryptocurrency. Credits: Video - The AM Show; Image - Getty Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concern that US President Joe Biden's plan to raise capital gains taxes will curb investments in digital assets. News reports on Thursday said the Biden administration is planning a raft of proposed changes to the US tax code, including a plan to nearly double taxes on capital gains to 39.6 percent for people earning more than US$1 million. Bitcoin, the biggest and most popular cryptocurrency , slump...

Bitcoin posted sharp losses on concern that US President Joe Biden plans to raise capital gains taxes

Bitcoin tumbles below $50,000, other cryptos sink over Biden tax plans Reuters | Apr 24, 2021 12:17 AM EDT The exchange rates and logos of Bitcoin (BTH), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) are seen on the display of a cryptocurrency ATM of blockchain payment service provider (Photo : REUTERS/Arnd Wiegmann) Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concern that U.S. President Joe Biden's plan to raise capital gains taxes will curb investments in digital assets. News reports on Thursday said the Biden administration is planning a raft of proposed chang...

Bitcoin tumbles below $50,000, other cryptos sink over Biden tax plans By Stanley White, Anna Irrera and Gertrude Chavez-Dreyfuss Reuters TOKYO/LONDON/NEW YORK (Reuters) - Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concern that U.S. President Joe Biden's plan to raise capital gains taxes will curb investments in digital assets. News reports on Thursday said the Biden administration is 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. Bitcoin, the big...

Digital currency rises 2.5% to $64,211 (£46,665) today after a 5% gain yesterday It's now up nearly 1,000% in a year, a return that far outstrips stock market gains Began 2021 at $29,000 (£21,000) and was at $6,800 (£4,900) this time last year Coinbase today becomes first major crypto-currency firm to list on stock market