Traders buy the Bitcoin dip even as Evergrande’s implosion rocks stock markets By Cointelegraph
(BTC) investors seem concerned about the increasing speculation that China’s second-largest property developer, Evergrande Group, will default on its $300 billion in debts. This fear manifested in the global equity markets, which experienced a 1.5%-3.3% decline at today’s open.
Despite the price move, the BTC outflow (net withdrawals) from exchanges has continued a multi-month trend, particularly on Coinbase (NASDAQ:) Pro.
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