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As I'm typing this out, Bitcoin is hovering around $40,000, Ethereum is tanking and around $2,700 - Cardano is under $2. The Evergrande debacle going on in China is shaking the economy worldwide, and word online is that the Chinese government will NOT bail them out.

As I'm typing this out, Bitcoin is hovering around $40,000, Ethereum is tanking and around $2,700 - Cardano is under $2. The Evergrande debacle going on in China is shaking the economy worldwide, and word online is that the Chinese government will NOT bail them out.

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[–] • 1 pt

China will bail them out. They just need to do in a away that doesn't seem like they are doing so.

Regardless I think the reaction by Wall Street is overblown.