China's property market just dropped a bombshell statistic that's hard to ignore. A major securities firm revealed that over 10% of properties put up for auction received absolutely zero bids. Not a single buyer showed up. That's not just a cooling market—that's a freezing one.

What does this mean for global capital flows? When traditional assets like real estate lose liquidity, investors start hunting for alternatives. Some flow into equities, some into commodities, and yes, some into digital assets. We've seen this pattern before during regional financial stress.

The correlation isn't direct, but macro headwinds in the world's second-largest economy rarely stay contained. Keep an eye on how this plays out—capital has to go somewhere, and crypto markets have become an increasingly viable option when conventional markets seize up.