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Evegrande bankruptcy – The market is as fearful as it was in May

Evergrande Fails, Cryptocurrency Market Falls The crypto market is mostly red due to the influence of Evergrande news. Bitcoin fell to about $ 47,000 the previous day. Most altcoins are falling in line with the BTC trend. The unemployment…

Evergrande has been demoted to restricted default status.

China Evergrande Group was downgraded by Fitch Ratings after the company missed paying interest on two batches of bonds a few days ago. Source: Nikkei Asia Fitch Ratings today downgraded China Evergrande Group and its subsidiaries Hengda…