ChainCatcher news reports that Trump's team is discussing the establishment of a new position in the White House dedicated to cryptocurrency policy. This comes on the heels of previous reports that Trump's media group is negotiating to acquire the crypto trading company Bakkt, which has led to increased optimism about the prospects for the cryptocurrency industry under the Trump administration. Crypto concept stocks surged before the market opened, with MicroStrategy up over 10%. Bitcoin was priced at $97,530 at the time of publication, nearing the highly anticipated $100,000 milestone. The rise in Bitcoin has attracted a significant amount of liquidity, while Ethereum and altcoins experienced a general decline.
The three major U.S. stock index futures are all down. 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 with widespread declines. The Hang Seng Index fell by 0.53%, the National Enterprises Index dropped by 0.79%, and the Hang Seng Tech Index decreased by 1.24%, reflecting a generally weak market sentiment. However, as Bitcoin approaches the $100,000 mark and continues to set new highs, crypto concept stocks showed active performance, bucking the trend. Blue Harbor Interactive surged over 54%, Boya Interactive rose nearly 17%, and OSL Group increased by nearly 2%.
