The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Could a Chinese debt default by Evergrande cause a crypto market crash?

News Snapshot:

Is it possible that the Evergrande debt default in China will cause crypto markets to crash? WORLDWIDE INVESTORS are holding their breath as the Evergrande Group fights to avoid defaulting on its debt. We explain how a possible collapse would affect cryptocurrency markets, as well as whether or not they will crash. As with any investment, making money with cryptocurrency isn’t guaranteed, and you could lose all of your money. That’s why it’s critical not to invest more than you can afford or in something you don’t fully comprehend. Cryptocurrencies are extremely volatile, and they can swing dramatically without warning….

Other China Tech Buzz: