• PYMNTS
• 25 Apr, 2021

Major cryptocurrencies including bitcoin and Ethereum's coin have lost significant value compared to the U.S. dollar since the administration of U.S. President Joe Biden indicated on Thursday that capital gains taxes could be increasing. A single bitcoin was worth $52,121.62 as of 10:20 p.m. Sunday, according to cryptocurrency exchange platform Coinbase.com — a decline from the $55,278.64 Coinbase quoted for 9:30 a.m. EST Friday.
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