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Data shows old Bitcoin holders aren’t selling even as newcomers get hit by volatility

While new Bitcoin holders tremble with fear, the so-called “strong hands” remain calm, waiting for the uptrend’s resumption. 

Data shows old Bitcoin holders aren’t selling even as newcomers get hit by volatility

Cover art/illustration via CryptoSlate

Last week saw global markets react to news of potential tax law amendments in the United States.

As CryptoSlate reported, sources close to the current Biden administration said policymakers were planning to increase taxes for wealthy investors to as much as 43.50% for gains above $1 million.

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