China's Economic Woes Could Spark Crypto Market Shift

One of the most looked upon economies in the world, China is currently facing uncertainties regarding its financial prospects. China’s CSI 1000 index dropped more than 8% on Monday making it hit lowest in years. The country also just saw the liquidation order of its biggest real estate developer China Evergrande. With looming uncertainties in government-backed assets and regulated markets, China is likely to see a shift in its crypto domains.