China's Real Estate Domino Effect: A Crypto Tsunami?
China's real estate crisis is sending shockwaves through global markets. Just like Evergrande's collapse in 2023, a broader real estate meltdown could trigger a crypto tsunami.
Key points to watch:
• Stock Market Crash: US and global stocks are at risk.
• Crypto Market Fallout: Bitcoin and other cryptocurrencies could face a severe downturn.
But there's a twist:
• Government Bailout: Governments might resort to extreme measures like money printing or interest rate cuts.
This could fuel a crypto recovery.Bottom line: Expect a wild ride in September, but the long-term outlook for crypto remains bullish.