China Evergrande – DIGIT INFO

Why did Bitcoin drop? Analysts point to 5 potential reasons

DIGIT — Fri, 18 Aug 2023 05:00:08 +0000

Bitcoin’s price fell approximately 8% in a span of 10 minutes, leaving crypto investors scrambling to make sense of the drop.

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China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 Days

DIGIT — Thu, 11 Nov 2021 17:30:37 +0000

In mid-September China’s Evergrande Group, the country’s second-largest property developer by sales, sparked fear in the global economy as the company’s market valuation plummeted to an 11-year low. Global economists have warned that if Evergrande defaults on its debts, it could start a credit contagion similar to the Lehman Brothers bankruptcy in 2007. So far, […]

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Crypto Market Values Nosedive Amid Global Market Meltdown, Widening Default Risks

DIGIT — Mon, 20 Sep 2021 13:15:55 +0000

Crypto markets have dropped a great deal in value over the last 24 hours as crypto assets across the board have lost anywhere between 7-15% in value during this time period. The overall market valuation of all 10,000+ crypto-assets in existence has slid just below the $2 trillion handle, losing over 9% in value during […]

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