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RE: Tom Lee: There's roughly $25 Billion flowing out of the crypto markets related to taxes
That makes sense, on some level. The first quarter is over and even though there was a brief upward blip in Steem and a number of coins, it doesn't seem to be holding. That the selloff is related to taxes makes a little more sense, especially since the current tax season comes on the back of a year of amazing gains.
At least it's a better sounding theory than simply settling in for a protracted Bear market because the "bloom has come off the rose" for cryptos, in general.
=^..^=