Major cryptocurrencies, including bitcoin, ethereum and dash, have plunged in value since a market crash in May. Photo: Reuters
Major cryptocurrencies, including bitcoin, ethereum and dash, have plunged in value since a market crash in May. Photo: Reuters

More Hong Kong institutions to cut crypto investment amid market meltdown: survey

  • A rising number of Hong Kong institutional investors surveyed by Bitstamp said they would reduce or remove cryptocurrency options in their investment plans
  • Amid a global economic slowdown and monetary policy tightening, the cryptocurrency market has struggled to recover from a crash earlier this year

Major cryptocurrencies, including bitcoin, ethereum and dash, have plunged in value since a market crash in May. Photo: Reuters
Major cryptocurrencies, including bitcoin, ethereum and dash, have plunged in value since a market crash in May. Photo: Reuters
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