According to ChainCatcher's report, Trump's team is reportedly discussing the creation of a new position at the White House specifically focused on cryptocurrency policy, and there have been previous reports that the Trump Media Group is negotiating to acquire the cryptocurrency trading company Bakkt, which has made people more optimistic about the prospects of the cryptocurrency industry under the Trump administration. Cryptocurrency concept stocks surged before the market open, with MicroStrategy up over 10%. Bitcoin was trading at $97,530 at the time of writing, approaching the much-anticipated $100,000 milestone. The rise in Bitcoin has attracted a significant amount of liquidity, leading to a general decline in Altcoins and Ethereum.
The three major US stock index futures were broadly lower, with Dow Jones futures down 0.15%, Nasdaq 100 futures down 0.40%, and S&P 500 futures down 0.29% as of the time of writing.
The Hong Kong stock market closed broadly lower on Thursday, with the Hang Seng Index down 0.53%, the Hang Seng China Enterprises Index down 0.79%, and the Hang Seng Tech Index down 1.24%, reflecting generally weak market sentiment. However, as Bitcoin approaches $100,000 and continues to set new highs, cryptocurrency concept stocks have been actively rising against the market trend, with Lianghong Interactive up over 54%, Boyaa Interactive up nearly 17%, and the OSL Group up nearly 2%.
