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Bitcoin is still in free fall due to fears generated in the market from China

September 22, 2021
Source: oicanadian.com oicanadian.com
News Snapshot:
Nine of the top 10 cryptocurrencies fell sharply in the last 24 hours. Bitcoin, the main cryptocurrency, fell almost 15 percent, going from worth $ 47,000 per unit to almost 40 million.l. However, in these last hours cryptocurrencies are trying to gain upward momentum, having mostly recovered today’s loss. Bitcoin is currently at $ 42,800 per unit. The main reason that drove the decline was fear of a real estate crisis similar to the one in 2008 with Lehman Brothers. Stock markets tumbled and the price of Bitcoin slid on bankruptcy fears for China Evergrande Group, a Chinese real estate...
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