$25 Billion Owed in Crypto Taxes Causing βMassiveβ Selling Wall Street Analyst Says

βMassiveβ selling of cryptocurrencies into fiat by mid-April to be expected as U.S. crypto holders βlikelyβ owe $25 billion in capital gain taxes according to Tom Lee head of Fundstrat Global Advisors. Tom Lee the former chief equity strategist at J.P. Morgan Chase is amongst the few if not the only Wall Street analysts who are providing regular thoughts and analysis on Bitcoin and the overall state of the crypto market. Pressure Rises as Deadlines Read More The post $25 Billion Owed in Crypto Taxes Causing βMassiveβ Selling Wall Street Analyst Says appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/25-billion-taxes-cryptocurrencies-selling-tom-lee/