Hong Kong Stocks Move Lower | Cryptocurrency Market Plunges Again with OKG TECH (01499) Down Over 9% and GOLDSTREAM INV (01328) Down Over 6%

Stock News

Oct 14

Cryptocurrency-related stocks declined sharply. As of press time, OKG TECH (01499) fell 9.09% to HK$0.3; GOLDSTREAM INV (01328) dropped 6.01% to HK$6.1; OSL GROUP (00863) declined 3.72% to HK$15.54.

On the news front, the virtual currency market experienced another significant selloff today. Bitcoin fell 3% to $111,959.9, while Ethereum dropped more than 4% to $4,002.45.

Notably, according to reports, cryptocurrencies experienced a bloodbath last Friday following Trump's latest tariff-related comments. While many investors were caught off guard, one trader shocked the entire market by generating $160 million in profits through Bitcoin short positions.

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