According to QCPgroup, while Asian markets have stabilized, any renewed strength in the Hong Kong Dollar (HKD) could trigger another drop in HIBOR rates, risking a disorderly unwind in financial markets. Additionally, speculation around easing US-China tensions has increased risk appetite across Asia. This shift in sentiment is significant for cryptocurrency traders, as heightened risk appetite often leads to greater capital flows into digital assets, especially in Asian trading sessions (Source: QCPgroup on Twitter, May 8, 2025).