Hong Kong Investors Lose Faith In Crypto After JPEX Scandal: Survey
Portfolio Pulse from Murtuza Merchant
A survey by The Hong Kong University of Science and Technology's School of Business and Management shows increased skepticism towards crypto investments among Hong Kong residents, likely due to the JPEX scandal. The survey found that 41% of respondents are disinterested in crypto, a 12% increase in individuals avoiding digital assets, and a 5% dip in future crypto investment interest. Bitcoin and Ether were the most popular virtual assets.
October 18, 2023 | 3:31 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Bitcoin is the most popular virtual asset among the survey respondents, with 73% expressing interest.
While the overall sentiment towards crypto has become more skeptical, Bitcoin remains popular among the respondents. This suggests that the impact of the JPEX scandal on Bitcoin's popularity is limited.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Ether is the third most popular virtual asset among the survey respondents, with 21% expressing interest.
While the overall sentiment towards crypto has become more skeptical, Ether remains relatively popular among the respondents. This suggests that the impact of the JPEX scandal on Ether's popularity is limited.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50