Cryptos fall over Biden tax plans – GulfToday

Cryptos fall over Biden tax plans – GulfToday

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In a note addressing clients, Jim Reid of Deutsche Bank said, "the cryptocurrency came under fresh pressure on the Biden tax headlines."

Bitcoin, the world's biggest cryptocurrency, is on track for a 15% loss on the week. However, the latest tumbles come in the wake of a sharp rally with Bitcoin still up 65% since the start of the year.