Markets Plunged on China’s Crypto Crackdown, Shrugged Off Dreaded US Tax Provision

Name: Markets Plunged on China’s Crypto Crackdown, Shrugged Off Dreaded US Tax Provision
Uploaded: 2021-08-24T00:43:13Z
Duration: 1 min 61 s
Description: In the days following bad bitcoin-related press from Beijing and Washington, capitals of the number one and two largest economies in the world, bitcoin did strikingly different things: it dropped 30% on the China news in May, while it ran up 6.7% on the U.S. tax provision in August.

Aug 24, 2021

In the days following bad bitcoin-related press from Beijing and Washington, capitals of the number one and two largest economies in the world, bitcoin did strikingly different things: it dropped 30% on the China news in May, while it ran up 6.7% on the U.S. tax provision in August.

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