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The tumble appears to have been triggered by the mounting problems at embattled property giant China Evergrande Group. A purchase made Wednesday the equivalent of 16 billion in Bitcoin may have come out of China. The Tell Fixed Income Markets Holding Up Ok Twentyfour Portfolio Manager Says As Evergrande In 2021 Asset Management Management Portfolio Is Evergrande the only company with this level of debt in the sector. China evergrande bitcoin . Over the weekend the asset was trading for about 47000. How Crypto Can Benefit. Aside from BTC. Its debts essentially started rising when the company borrowed to finance other projects under its own umbrella. In this debt spiral bitcoin is the best hedge for investors. China Evergrande Macro Bitcoin w Luke Gromen. There has to be something else going on. We explored the Digital Yuan CBDC angle. Evergrande Is Leading to a Drop in Crypto Prices. China Evergrande Macro Bitcoin w Luke Gromen - YouTube. At the time of writing bitc...