Evergrande Drama Alert 🚨! #China 's real estate giant ordered to liquidate by court in Hong Kong sending shockwaves worldwide 🌍 Absolutely foreseen given that total liabilities of the firm amounted to around $333 B when it filed for bankruptcy in US.

The aftermath might be a rollercoaster for China's stock market, with major shift towards 👉 crypto assets .

With Evergrande's empire crumbling, the crypto market could sway like a seesaw. Will #BTC🔥🔥 play hide-and-seek in rangebound prices? Or will investors flock to crypto heavens refuge from the stock market storm? 🌪️

Despite the prohibition of cryptocurrencies since 2021, an expanding cohort of investors is progressively acquiring digital assets through unofficial channels from dealers operating in China's grey market. #Write2Earn

$BTC