https://www.theguardian.com/technology/2021/apr/23/bitcoin-tumbles-joe-biden-raise-taxes-on-rich

Cryptocurrency falls below $50,000 as White House looks to bring levy on investment gains into line with income taxes

Speculators in Bitcoin have been left nursing heavy losses after reports Joe Biden is planning to raise taxes on the wealthiest Americans to tackle inequality and finance trillions of dollars in higher social spending.