TOM LEE: There's a $25 billion reason why bitcoin could stop plunging by mid-April

Bitcoin investors owe an estimated $ 25 billion in US taxes, according to Tom Lee, the co-founder of Fundstrat. As Tax Day approaches, many bitcoin owners are selling their digital coins in exchange for dollars. And so, Lee believes some of the selling pressure on bitcoin will lift after the tax deadline on …
Google Alert – bitcoin

Bitcoin and Other Cryptocurrencies Are Plunging. Here's What Could Happen Next

While a “Santa Claus” rally appears to be underway in the stock market, cryptocurrencies just got a visit from the Grinch. Bitcoin and virtually all of its major rivals saw their prices plunge Friday, as the cryptocurrency bubble appears to be bursting. Bitcoin prices sank from around $ 16,000 on Thursday to …
Google Alert – bitcoin