The recent dip in the crypto market is most likely a result from the scare that Evergrande -- one of the largest real-estate firms in China, may end up defaulting on their debt. Will China bail them out or let them fail? It's China's version of what happened in 2008 in the US.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.