How China’s Property Market Could Trigger a Crypto Crash

 How China’s Property Market Could Trigger a Crypto Crash

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https://www.barrons.com/articles/bitcoin-drops-cryptocurrencies-evergrande-contagion-fears-51632131432


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Bitcoin and other cryptocurrencies were crashing Monday amid a global selloff in risk assets.

The tumble appears to have been triggered by the mounting problems at embattled property giant China Evergrande Group.

Bitcoin, the world’s largest cryptocurrency, was off 7% Monday to around $44,000. Ethereum, the second-largest cryptocurrency,…


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