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We've seen a lot of these companies that have gone into bankruptcy, such as Voyager and

Celsius, as well as FTX even, start to be exiting bankruptcy. And that means some of the losses

you may have experienced as a customer of those places might become solidified in the cent,

and for tax purposes, meaning you now know what you're holding there. You know what you're going

to get back and you can start looking at being able to possibly take a tax deduction.

Music know what you're going to get back and you can start looking at being able to possibly take a tax deduction. It's Tuesday, April 2nd, 2024, and this is Markets Daily, a show where we get into the minds of the

smartest and most experienced investors, traders, and analysts.

I'm Jen Sennassie. Before we get into our discussion

today, let's take a look at today's prices. Everything is in the red this morning, according to

Coin Desk indices at 8 a.m. Eastern time, Bitcoin was down more than 5.5% at $65,545, ether down more than 6.5% at $3,309.

And the Coin desk 20 index was down 7.4% at 2,490 points.

For more on the markets action, let's bring in Senior Director of Government Solutions at Tax Bit. Miles Fuller. Miles, welcome to the show. Hey, good morning, Jen. Thanks for having me.

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