There’s 2 major things happening in the world right now which are undoubtedly having their effect on the cryptocurrency markets. Video by Crypto Daily.
This is primarily because of two reasons:
1, The Evergrande Debacle
2, And The Shocking New US Crypto Regulations.
Both of these situations are extremely serious. I would not be the least bit surprised to hear of people stockpiling their garden bunkers over either one of these things in isolation, yet alone both. So it’s not a bit of wonder the markets are spooked right now. One threatens a worldwide recession, the other is the most significant step yet in the US war on Crypto, potentially the biggest possible.
In this video I will go into detail about what the Evergrande debacle is all about, how it threatens the worldwide economy and the absolutely shocking new bill currently going through congress regarding crypto regulations, known as the 'Digital Asset Bill'.
