Hong Kong remains optimistic about the prospects of cryptocurrencies

On February 12, according to Bloomberg, despite the cryptocurrency market capitalization shrinking by nearly $2 trillion since October last year, with bitcoin priced at around $67,000—down about 47% from its peak—market liquidity remaining uneven, and listed companies facing pressure, Hong Kong still maintains an optimistic outlook on the overall prospects of cryptocurrencies. Meanwhile, South Korean investors have begun to focus on other sectors.