🇺🇸 NEW: Crypto execs say California’s 5% billionaire wealth tax could drive founders and capital away, risking innovation.

According to CNBC, Wells Fargo analysts predict a return of the "YOLO" trade as the U.S. tax refund season approaches. They estimate that approximately $150 billion in tax refunds will flow into the market by the end of March, potentially boosting risk assets like Bitcoin and