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Bitcoin Plummets: Hong Kong Investors Seize Buying Opportunity

2/6/2026

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Summary

Story summary

Bitcoin's price declined to nearly US$60,000 from a peak of US$124,000 in October 2025, prompting Hong Kong retail investors to buy.
The decline resulted in a US$2 trillion loss across the digital asset market.
On Friday, residents queued at cryptocurrency shops in Admiralty Centre to buy bitcoin.
Local investor Jacky Lam, in his thirties, bought HK$47,600 (US$6,090) of bitcoin and expressed optimism about a rebound.

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Story summary

Bitcoin's price declined to nearly US$60,000 from a peak of US$124,000 in October 2025, prompting Hong Kong retail investors to buy.
The decline resulted in a US$2 trillion loss across the digital asset market.
On Friday, residents queued at cryptocurrency shops in Admiralty Centre to buy bitcoin.
Local investor Jacky Lam, in his thirties, bought HK$47,600 (US$6,090) of bitcoin and expressed optimism about a rebound.