Bitcoin falls 7% as cryptos stumble over Biden tax plans ...Middle East

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Bitcoin falls 7% as cryptos stumble over Biden tax plans
Bitcoin and other cryptocurrencies suffered hefty losses on Friday amid fears that U.S. President Joe Biden's plan to raise capital gains taxes will curb investment in digital assets. Bitcoin slumped 7% to $48,176 in a third straight session of losses while Ether and XPR suffered double digit tumbles.

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