Bitcoin’s price has fallen over 50% from its highest point. On Friday morning, it dropped to nearly US$60,000, down from US$124,000 in October 2025, says CoinGecko. This fall wiped out US$2 trillion from the total cryptocurrency market. Despite the slump, many retail investors in Hong Kong are buying bitcoin. Dozens gathered at cryptocurrency shops in the Admiralty Centre on Friday afternoon. They paid cash to buy bitcoin, hoping the price will recover. Jacky Lam, a local clerk in his 30s, bought bitcoin worth HK$47,600 (US$6,090). He said, "It is a good price now. Holding it for several years and I think the price will rebound."