CoinVoice has learned that, according to reports, Trump's team is 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 crypto trading company Bakkt, which has led to a more optimistic outlook on the cryptocurrency industry under the Trump administration. Cryptocurrency concept stocks surged before the market opened, with MicroStrategy rising over 10%. Bitcoin was priced at $97,530 at the time of publication, approaching the highly anticipated $100,000 milestone. The rise in Bitcoin has attracted significant liquidity, while Ethereum and altcoins generally declined.

U.S. stock index futures are generally declining. As of the time of publication, Dow futures are down 0.15%, Nasdaq 100 index futures are down 0.40%, and S&P 500 index futures are down 0.29%.

On Thursday, the Hong Kong stock market closed lower across the board, with the Hang Seng Index down 0.53%, the National Enterprises Index down 0.79%, and the Hang Seng Technology Index down 1.24%. Market sentiment generally appeared weak. However, as Bitcoin approaches $100,000 and continues to set new highs, cryptocurrency concept stocks performed actively, rising against the trend. Blue Focus Interactive rose over 54%, Boya Interactive rose nearly 17%, and OSL Group rose nearly 2%. [Original link]