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| Asian Cryptocurrency Trading Roundup: Top is Altcoin Verge In what is becoming a regular pattern this year the short crypto rally did not last long. Looking at the charts it appears that a whale dumped a load of Bitcoin yesterday causing its price to plummet over $350 in an hour. Either that or traders fell for another attack of media FUD which seems to be more likely ...
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| Bitcoin tanks below $7000, down 6% in two hours Tax-related selling has been a key driver of this month's sell-off. Thomas Lee, head of research at Fundstrat Global Advisors, says U.S. households likely owe $25 billion in capital gains taxes for their cryptocurrency holdings. To meet tax liabilities, investors are selling bitcoin, which could mean "massive" ...
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