Business
Crypto crash: markets dive after Biden eyes big tax hike – Stockhead
Cryptocurrency markets are plunging this afternoon after reports that US President Joe Biden would propose big tax hikes.
Link copied toclipboard
Cryptocurrency markets are a sea of red this afternoon, with Bitcoin dropping below $US50,000 and most altcoins suffering double-digit losses after reports that US President Joe Biden would propose big tax hikes on the wealthy.
The US stock market also took a hit, with the S&P500 dropping 0.9 per cent, after Bloomberg Newsand other outlets reported around 3am AEST that Biden would begin next week pushing the big tax hike, including nearly doubling the capital gain tax on…
-
Noosa News14 hours agoBrisbane nation’s third-youngest capital; Leaders condemn anti-immigration rally
-
Noosa News23 hours agoQld nurses poised to strike deal with Crisafulli government
-
General18 hours agoAs Iran-Australia relations plunge to a new low, Tehran faces another diplomatic setback
-
General23 hours agoGeelong Cats AFL star Bailey Smith details mental health battle during All-Australian speech