The Bitcoin path

Tom Lee, a former equity strategist for JPMorgan who has long since converted to investment in cryptocurrencies, wrote in a statement yesterday that both US private investors and the companies managing the trades will lighten their positions in the coming days to pay the taxes due to the US government, with the effect of further weakening a market already under heavy pressure since the beginning of the year.

Even though 2018 has seen the total capitalization of cryptocurrencies halved and delivered to both Bitcoin and Ethereum, the two most common currencies, the worst first quarter of their history, anyone who capitalized the flare-up of December 2017 prices will have to pay taxes. on profits obtained through transactions in digital currencies, which the IRS, the American tax authorities, tax equating them to properties.