BIZ Bitcoin slumps 7% as part of broader cryptocurrency sell-off | Money Talks

Leading cryptocurrency bitcoin has lost more than 7% in the last 24 hours, amid a sharp selloff in the sector. Rival ether is also down 8%. The slumps are part of a broader decline in the global crypto market, which has lost some $200B in value over the past day. It’s tied to the $550B infrastructure bill signed into law by US President Joe Biden. The new spending programme mandates tougher tax reporting rules for cryptocurrency transactions.

#Bitcoin #CryptoCrackdown #Ethereum #InfrastructureBill

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About the Author: Jamie Davis

1 Comment

  1. <there’s one thing I have learned in recent months it is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.The market is unpredictable and you can not tell if it's going bearish or bullish.While myself and others are trad! N without fear of making loss others are being patient waiting for the price to skyrocket. It all depends on the pattern you follow. I was able to make 3.5BTC by implementing trades with tips and info from KatelynEjmont on Telegram. She run a program for investor/newbies who are interested in learning how to earn profits through trading.

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