Bitcoin concept stocks were active in early trading. As of press release, Meitu (01357) rose 6.1% to HK$2.61; Xinhuo Technology Holdings (01611) rose 4.94% to HK$3.4; and Xiongan Technology (01647) rose 4.44% to HK$0.094.
The Zhitong Finance App learned that Bitcoin concept stocks were active in early trading. As of press release, Meitu (01357) rose 6.1% to HK$2.61; Xinhuo Technology Holdings (01611) rose 4.94% to HK$3.4; and Xiongan Technology (01647) rose 4.44% to HK$0.094.
According to the news, Bitcoin is once again showing a dramatic rise in price. Bitcoin once broke through $64,000 intraday, continuing to hit a new high since November 2021. According to the analysis, exchange-traded funds (ETFs) that directly invest in Bitcoin have attracted more capital into this field, while investors are waiting for the mining rewards expected to be “halved” in April. This situation has historically been beneficial to Bitcoin prices.