In a surprising turn of events, the recent developments surrounding the Evergrande Group’s Chapter 15 filing have reverberated beyond traditional finance, indirectly influencing the sentiment around Bitcoin (BTC) and the cryptocurrency market.
Around 9:35 pm UTC on August 17, the price of Bitcoin plummeted by 8% in just 10 minutes. This sudden drop had a ripple effect on the broader cryptocurrency market, leaving crypto enthusiasts puzzled….
Read More: Pro: Evergrande Group chapter 15 ‘indirectly influenced Bitcoin sentiment’
Source:https://cryptonews.com/news/pro-evergrande-group-chapter-15-indirectly-influenced-bitcoin-sentiment.htm