Bitcoin Pares Gains Amid U.S. Treasury Crypto Tax Crackdown

Bitcoin Pares Gains Amid U.S. Treasury Crypto Tax Crackdown

By Yasin Ebrahim 

Investing.com - cut some its gains Thursday as the Treasury Department said it would require that any transfer worth $10,000 or more to be reported to the Internal Revenue Service.

rose 6.78%, to $39,928, but had traded as high as $42,425.