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China Evergrande Group Tumbles Down Bitcoin (BTC) Price

September 24, 2021
Source: thecurrencyanalytics.com thecurrencyanalytics.com
News Snapshot:
Cryptocurrency News Cryptocurrency News – REAL News ® – TCAT Due to the impact of Evergrande, Bitcoin dropped 5.4%, down $45,025 as of 9:49 a.m. in London, touching the lowest level in a week. The fall of the company swept the global market. Stock markets sank because investors have been weighing the risk of the spillover from the debt woes of Evergrande. There are also opinions that the Federal Reserve meeting contributed to the decline in price. Investors have placed their focus on the monetary policy meeting, because this will set the debate around the outlook for the economy. The...
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Tags: bank | bankruptcy | Beijing | bitcoin | blockchain | BTC | Business | China | Chinese | construction | crypto | cryptocurrency | currency | developer | Economy | Evergrande | fintech | food | Hong Kong | investment | London | manufacturing | real estate | stock market | supply chain

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