Bitcoin and other cryptocurrencies were trading in the red early Friday, as investors feared that the US government might raise taxes soon. The White House has proposed increasing capital gains taxes on those making more than $1 million a year from 20% to 39.6%, but market participants are concerned about the reality of higher taxes. … Continue reading Over $200 billion has been wiped from the cryptocurrency market in a single day, as bitcoin falls below $50,000 amid fears of a tax increase