Bitcoin drops for a short time, the parties have yet to reach the crypto tax deal, and the "financial capital" of Biden's $1 trillion infrastructure is delayed?

According to the United States, an approval is now required. A trillion dollar infrastructure is possible.

The senators are Sanders, chairman of the finance committee and Shelby, chairman of the production committee. The cryptocurrency lobby will now turn its face to the family representative, who will not change the terms of the financial statements to be released Tuesday morning.

Enforcing the cryptocurrency tax is seen as part of Biden's trillion-dollar infrastructure bill. The infrastructure bill is expected to pass through the Senate the fastest, raising around $28 billion in cryptocurrency taxes.

On Monday, Republican Sen. Patrick Toomey announced that Democrats and Republican senators had finalized an agreement on additional ideas for a cryptocurrency campaign he had joined and would work together to find a solution.

It was reported that the crypto asset tax change narrowed the terms of the broker, providing an exception for blockchain validators and hardware/software wallet makers. Tumi said the revised agreement will not reveal anything more specific and uncertain about who the real cryptocurrency broker is, nor will it implicate software developers and consumers.

He also said Senate Majority Leader Chuck Schumer would not block the motion to approve the amendment.

On Monday, just as the reform was about to take place, Bitcoin hit over $46,000 on the European stock market for the first time since May 17, up over 8%.

Matt Maley, Senior Market Strategist, Miller Tabak, Inc.

"This decision should let you know that the worst is yet to come."

He noted that absent an immediate reversal, Bitcoin could quickly hit $50,000 and face some upheaval here. But he said:

"Technically, this move is very good."

Kristin Smith of the Blockchain Association discusses Bloomberg's "QuickTake Stock" streaming video:

"Washington now recognizes that more and more people in the United States have a passion for cryptocurrencies. The more truth and truth in the business, the better it will last."

However, US commodities fell below $45,000 a coin after the market reported that the cryptocurrency tax status did not unite for a short time with Bitcoin, reducing the daily gain to 2.6%.

Then, after it was announced that AMC Cinemas was ready to start accepting bitcoin payments before the end of the year, bitcoin rose almost $1,000 in a short time, back to the initial level of 46 $000 each. .

Traders are looking to Bitcoin to find out where it goes next. Bitcoin's 14-day relative strength indicates that it is overbought, but the uptrend is above its 200-day moving average. Many see $50,000 as the next big priority.