Bitcoin is up about a third this year but has collapsed from a record peak above $60,000 amid a regulatory crackdown in China and Musk’s apparently wavering enthusiasm for it. …Read the full story
Bitcoin, the biggest and most popular cryptocurrency, slumped to $47,555, falling below the $50,000 mark for the first time since early March. “With a high growth rate in the bitcoin price, crypto holders that have accrued gains will be subjected to this tax increment,” said Nick Spanos, founder at Bitcoin Center NYC. “I don’t think […]