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BTC back to $106,000! Government reopening brings turning point + Trump again proposes universal payments—can it hit $150,000 by year-end?
After experiencing a sharp and stormy pullback, Bitcoin has recently demonstrated resilience. During the early trading session of the Asian market on November 10, the BTC price surged back above the key level of $106,000. This move has undoubtedly injected a strong boost of confidence into the market, but doubts in investors' minds have not completely dissipated: is this the start of a new upward trend, or just another brief rebound?
H-share Movement | Cryptocurrency-related stocks rise as the U.S. government shutdown is expected to end, with Bitcoin reclaiming the $106,000 mark.
Cryptocurrency-related stocks rose, with Huajian Medical (01931) up 13.59% to HKD 7.69 and Blue港 Interactive (08267) up 8.89% to HKD 0.49 as of the time of writing.
Express News | The increase in Hong Kong-listed cryptocurrency-related stocks expanded in the afternoon, with Huajian Medical surging over 13%, OKLink and Yunfeng Finance rising more than 7%, and Guotai Junan International gaining over 5%.
Hong Kong Stocks Close | Mixed Weekly Performance for Major Indices; Cryptocurrency-Related Stocks Lead Declines
① Southbound capital's net inflow has reached a record high this year. Will it continue to expand further? ② What are the reasons behind the underperformance of technology and semiconductor stocks?
Hong Kong Stock Market Movements | Bitcoin Concept Stocks Plunge Across the Board, Bitcoin Falls Below $100,000 for the First Time Since June; Ethereum Drops 15% at One Point
Bitcoin-related stocks plummeted across the board. As of press time, Guotai Junan International (01788) fell 6.25% to HKD 3; Yunfeng Finance (00376) dropped 5.34% to HKD 3.72; M Strategy (02440) declined 4.93% to HKD 2.12; and OKCoin Blockchain (01499) decreased 4.12% to HKD 0.233.
Hong Kong Stock Market Movement | Bitcoin-related stocks collectively declined as Bitcoin fell below US$105,000 during the session; institutional demand for Bitcoin showed a noticeable cooling.
Bitcoin-related stocks collectively declined. As of press time, Yunfeng Finance (00376) fell by 8.69%, trading at HKD 3.89; Mi Strategy (02440) dropped by 7.26%, trading at HKD 2.3; Boyaa Interactive (00434) fell by 6.54%, trading at HKD 5; and OKLink (01499) declined by 5.66%, trading at HKD 0.25.