Bitcoin dips below $50K as Evergrande defaults on US dollar debt
Fresh panic over Evergrande appears to have a limited impact on cryptocurrency markets.
Fresh panic over Evergrande appears to have a limited impact on cryptocurrency markets.
Fears about the stock market and Tether's reserves have also led some to believe the Bitcoin price could be in trouble.
“The Market Report” with Cointelegraph is live right now with special guest Eric Krown, a professional crypto trader.
Predictions include a short-term low at $42,000 as overnight progress turns into consolidation.
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The Evergrande fiasco appears to be driving the correction in global stock markets, but data shows this isn't deterring...