BlockBeats News, December 26 — According to Bloomberg, Bitcoin has fallen about 30% from its all-time high, creating an unusual tax operation opportunity. Several financial advisors have stated that this year, digital asset tax-loss harvesting activities may be significantly higher than in previous years. So far, Bitcoin is still down about 5% year-to-date, while the S&P 500 index has risen approximately 18% during the same period. This notable divergence has created a strong incentive for investors holding both stocks and cryptocurrencies: to sell underwater Bitcoin positions before the end of the year to offset capital gains from stock investments, especially for those who bought Bitcoin at high levels in October.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Whale @Jason60704294 Goes Long 46.1 Bitcoin at $78,848, Position Worth $3.63M on May 4
According to BlockBeats, on May 4, whale trader @Jason60704294 posted a trading screenshot showing a long position of 46.1 Bitcoin at $78,848.05 per BTC, valued at approximately $3.63 million.
GateNews4m ago
Solana Below $100 for 88 Days as SOL/BTC Weakness Persists
Solana has remained trapped below the $100 level for 88 consecutive days, marking its longest weak stretch since 2020, while the SOL/BTC chart continues to show the cryptocurrency losing strength against Bitcoin with no confirmed reversal yet. According to technical analysis from Crypto Moe and
CryptoFrontier17m ago
Bitcoin Moments Away From Macro Breakout, Altcoins ETH, SUI, and ADA Could See Bullish Continuity
Bitcoin moments away from macro breakout.
Altcoins ETH, SUI, and ADA could see bullish continuity.
A real bull run phase could occur, caused by the business cycle extension.
A popular crypto trader and analyst, Dan Gambardello, confirms that Bitcoin moments away from macro breakout.
CryptoNewsLand38m ago
Peter Brandt Predicts Bitcoin at $250,000 in 2029
Veteran trader Peter Brandt sees bitcoin rallying to $250,000 in 2029, but only after the market completes a prolonged bottoming process that could extend into September 2026, according to his recent outlook.
Price Target and Timeline
Brandt's forecast positions a multi-year consolidation phase b
CryptoFrontier57m ago
Gamestop Bids $56B for Ebay, Leveraging $519M Bitcoin Treasury
Gamestop has made an unsolicited $55.5 billion offer to acquire Ebay, backed by a $20 billion bank commitment alongside a $519 million bitcoin treasury that CEO Ryan Cohen quietly built during fiscal 2025.
Key Takeaways:
Gamestop offered
Coinpedia1h ago
