Am I the only one absolutely astonished how well cryptomarket is holding up despite the problems with Evergrande and others?

I gotta say I was ready to put in a few more dollars in the market as soon as I heard about the defaulting with the Evergrande.

Evergrande has liabilities of around $300B. Approximately $19 billion is in bonds that are denominated in U.S. dollars and issued offshore. That means a larger amount than is outstanding from any other Chinese property development company.

Yet crypto didn’t even dip half as much as I expected to dip! Are we getting less volatile or is it the market that is starting to get sick of the Chinese FUD? Or maybe the real dip is coming in monday?