Tag Archives: Bitcoin Has Dropped Below $50

Bitcoin Has Dropped Below $50,000, Wiping Out Over $200 Billion From the Cryptocurrency Market in a Day

Bitcoin and other digital currencies fell sharply on Friday, as a wave of selling followed President Joe Biden’s proposed capital gains tax hike. According to Coin Metrics info, Bitcoin was down 7.3% at $49,730. It’s the first time since early March that bitcoin has fallen below $50,000. Ether fell by 8% to $2,320. The fifth-largest […]