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Bitcoin Hits New High; HK Cryptocurrency Concept Stocks Largely Surge 10%+ as Bitcoin ETFs Escalate
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Vote counting for the US presidential election began. Based on preliminary results, The Associated Press currently predicted that Republican presidential candidate Donald Trump will win 198 votes, while Democratic presidential candidate Kamala Harris has won 109 electoral votes. Bitcoin set a new high on the back of the news and expectations of a potential relaxation of US regulation on cryptocurrencies. Bitcoin last rallied 9.36% to US$74,354 in the past 24 hours, breaking through a high of US$73,798 in March, according to Coindesk's data. Hong Kong's cryptocurrency concept stocks rose, with OSL GROUP (00863.HK) last surging 11.08% to $7.82. SINOHOPE TECH (01611.HK) ballooned 10.36% to last at $2.13, while BOYAA (00434.HK) last printed at $2.17, spiking 16.67%. GRANDSHORES (01647.HK) last soared 29.41% to $0.11, while OKG TECH (01499.HK) last printed at $0.181, up 11.04%. Hong Kong-listed bitcoin ETFs were popular. BOS HSK BTC (03008.HK) last welled 7.8%, while CAM BTC (03042.HK) escalated 7.5%. HGI BTC (03439.HK) shot up 7.3%. AAStocks Financial News |
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