Fundstrat's Tom Lee: US crypto tax liability is $25 billion

Yahoo Finance Video

Let's get a bitcoin check here, the digital currency is down again today, dipping below 7,000 to around $6700. Now one thing that may be exacerbating the selling? Tax liability. This according to FundStrat's Tom Lee - he says tax liabilities for crypto gains last year stand at $25 billion, and selling to pay for taxes is driving digital currencies lower.

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