• Stanley White
• 24 Apr, 2021

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.
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