The Chinese money injection and Hong Kong lifting of the crypto ban may affect the crypto market but the impact depends on many different factors. A number of cryptocurrencies related to the area up there posted impressive gains following the news, which shows the confidence of users in the cryptocurrency. However, this can also lead to a decrease in the value of some cryptocurrencies as they fail to meet the requirements of competition and development in a short time. And the truth that I can imagine is that when China is pumping money, this can lead to increased inflation and a decrease in the value of the currency and traditional assets. However, the cryptocurrency market may not be affected much because it is not regulated by traditional monetary policies and central bank regulations.