Chinese Investors Suffer Major Losses in Cryptocurrency Investment Amid Altcoin Decline
59.8% of surveyed Chinese investors reported losses in cryptocurrency investments this year, primarily due to sharp declines in altcoin prices. Only 23% of the surveyed investors made a profit in 2024, while 17.2% reported no gains or losses, highlighting the market’s volatility. Bitcoin remained stable, but retail investors faced significant losses as altcoin prices sharply…