Cryptocurrency-related stocks in Hong Kong declined again during the early trading session. At the time of writing, MEMESTRATEGY (02440) was down 4.76%, trading at HK$1.6; GRANDSHORES (01647) fell 1.37% to HK$0.072; and OKG TECH (01499) dropped 0.58% to HK$0.17. The downturn follows a significant slide in Bitcoin, which on Tuesday breached the $73,000 mark, falling below the year's low established on April 7, 2025, following former President Trump's announcement of reciprocal tariffs. Renowned investor Barry, known as the "Big Short," issued a warning that a further decline in Bitcoin's price could swiftly intensify balance sheet pressures for major holders, potentially forcing a sell-off across the entire cryptocurrency ecosystem and triggering a widespread collapse in value. Alex Thorn, Head of Research at Galaxy, projected that Bitcoin's downward trajectory might accelerate further, potentially driving the price below $60,000 per coin. The failure of Bitcoin to act as a hedge against currency devaluation during a period of surging gold prices, combined with a lack of near-term positive catalysts, are cited as key factors contributing to its continued decline.