Home / Market News / Cryptos: Bitcoin drops below $50,000, dented in part by rising U.S. tax worries

Cryptos: Bitcoin drops below $50,000, dented in part by rising U.S. tax worries

Friday’s losses come on the heels of a 300-point loss for the Dow industrials after a media report that President Joe Biden is weighing a plan to nearly double capital-gains tax on the wealthy.

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