Name: Markets Plunged on China’s Crypto Crackdown, Shrugged Off Dreaded US Tax Provision
Uploaded: 2021-08-23T19:22:00.000Z
Duration: 1 min 1 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. CoinDesk's Galen Moore breaks down the Chart of the Day.

CD20$1,992.950.28%BTC$73,463.460.016%ETH$2,014.160.15%XRP$1.320.035%SOL$81.990.22%

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

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