4E: Cryptocurrency concept stocks soar before the market opens, MicroStrategy rises over 10%
According to ChainCatcher news, Trump's team is reportedly discussing the establishment of a new position in the White House specifically responsible for cryptocurrency policy. This comes on top of previous reports that the Trump Media Group is negotiating to acquire the cryptocurrency trading company Bakkt, which has led to increased optimism about the prospects of the cryptocurrency industry under the Trump administration. Cryptocurrency concept stocks surged in pre-market trading, with MicroStrategy rising over 10%. As of the time of publication, Bitcoin is priced at $97,530, approaching the highly anticipated $100,000 milestone. The rise in Bitcoin has attracted a significant amount of liquidity, while Ethereum and altcoins generally declined.
U.S. stock index futures fell across the board. As of the time of publication, Dow futures were down 0.15%, Nasdaq 100 futures were down 0.40%, and S&P 500 futures were down 0.29%.
On Thursday, the Hong Kong stock market closed lower, with the Hang Seng Index down 0.53%, the National Enterprises Index down 0.79%, and the Hang Seng Tech Index down 1.24%. Market sentiment was generally weak. However, as Bitcoin approached $100,000 and continued to set new highs, cryptocurrency concept stocks performed actively, with BlueFocus Interactive rising over 54%, Boyaa Interactive rising nearly 17%, and OSL Group rising nearly 2%.