---
title: "Elon & China: Possible Reasons For The Recent Market Panic"
url: https://diffcoin.com/elon-china-possible-reasons-for-the-recent-market-panic/
description: "Cryptocurrency prices dropped as SpaceX sold Bitcoin and China's Evergrande filed for bankruptcy."
published: 2023-08-18
updated: 2023-08-18
author: "Mila"
site: "Diffcoin"
---

# Elon & China: Possible Reasons For The Recent Market Panic

Cryptocurrency prices dropped as SpaceX sold Bitcoin and China’s Evergrande filed for bankruptcy. 
 
[Source link](https://cryptobriefing.com/spacex-sells-bitcoin-china-evergrande-bankrupcy/?utm_source=feed&utm_medium=rss)