Bitcoin price at $83,200: outperforms the market as Solana sheds 11.9 percent

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Bitcoin is trading at around $83,200 at midday on Tuesday, making it the only one of the large coins with a gain over 24 hours. Over the week BTC is down 2.8 percent while Solana loses 11.9 percent, and that very gap is tempting investors into a swap that can turn expensive in Germany.Bitcoin stood at roughly $83,200 at midday on Tuesday, or $83,212.80 and €74,361.20 to be exact, according to Kraken data. That is a gain of 1.8 percent on Monday's close of $81,737.20. The striking part is not the number itself but its surroundings: Bitcoin is, at this moment, the only one of the eight largest coins trading higher over 24 hours. Ethereum is down 1.3 percent over the same period, XRP 2.2 percent, Solana 3.6 percent, Dogecoin 2.6 percent, Shiba Inu 4.5 percent and Polkadot 7.2 percent (CoinGecko, as of October 13, midday). Over seven days the gap is wider still. That spread is the real reason for this article, and for private investors in Germany it carries a very specific tax conse...