# BTC holds $48K as Evergrande forms ‘Lehman Brothers moment’ for China
“# BTC holds $48K as Evergrande forms ‘Lehman Brothers moment’ for China ” Bitcoin (BTC) cautiously held $48,000 on Thursday as excitement brewed over a boost thanks to China seeing its “Lehman Brothers moment.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Tether executive reassures on Evergrande Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading…