Is Bitcoin Slumping Because Of The IRS?

DAILY CRYPTOS ESPRESSO – news from 25 Nov 2019

The recent deep slump of Bitcoin’s value may have multiple causes: China, Wall Street (via Bakkt BTC futures), or even the IRS.

Adamant Capital founder Tuur Demeester stated that U.S. investors could be forcing the market lower so to record losses for their end-of-year tax obligations.

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