Hong Kong Crypto Sentiment Stays Bullish as $2 Trillion Market Crash Tests Asia
While the the world doubts crypto after an extended downturn, Hong Kong is doubling down on its belief in blockchain's future.
The rest of the world is panic-selling into a $2 trillion wipeout, but Hong Kong isn’t blinking.
While #$BTC hovers precariously around $67,000, down nearly 50% from its October highs, institutional players in Asia’s financial capital are doubling down on infrastructure rather than fleeing the liquidity crisis.
It sounds counterintuitive, given the carnage, seeing altcoins decimated and liquidity described as “perilously patchy” by Bloomberg, but the smart money in Hong Kong is playing a different game entirely.