Cryptocurrency market loses $200B+ in a day as bitcoin plunges below $50K as President Biden is expected to raise long-term capital gains tax (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Cryptocurrency market loses $200B+ in a day as bitcoin plunges below $50K as President Biden is expected to raise long-term capital gains tax  —  - Bitcoin and other digital coins plunged on Friday wiping over $260 billion of the value of the cryptocurrency market.

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