'Bitcoin Hits $125,600 All-Time High' and 'Virtual Asset Regulatory Framework Becoming More Refined' Selected as Hong Kong's Top 10 Financial News of 2025

Odaily Planet Daily reports that Hong Kong Wen Wei Po has announced the 'Top 10 Financial News of Hong Kong 2025.' Among them, 'Development of Digital Economy and Refinement of Virtual Asset Regulatory Framework' ranked third, and 'Cryptocurrency Frenzy: Bitcoin Hits $125,600 All-Time High' ranked eighth. Other financial news on the list includes: DeepSeek helping MPF investors earn over HKD 40,000, Labubu's global success creating a legend among new consumer stocks, and the accelerated economic growth prompting Hong Kong to raise its annual GDP growth forecast. Analysts pointed out that Bitcoin and other cryptocurrencies have undoubtedly experienced a breakout year. Former President Trump’s high-profile support for Bitcoin led to a strong surge at the beginning of the year, with Bitcoin repeatedly hitting new all-time highs. However, it has since retreated and at one point dropped to around $85,000, a decline of over 30% from its peak.