Bitcoin concept stocks declined. As of the time of publication, OSL Group (00863) fell by 19.41% to HKD 4.4; Meitu (01357) fell by 10.07% to HKD 2.5; Linekong Interactive (08267) fell by 2.5% to HKD 0.39.
According to the Zhitong Finance APP, bitcoin concept stocks declined. As of the time of publication, OSL Group (00863) fell by 19.41% to HKD 4.4; Meitu (01357) fell by 10.07% to HKD 2.5; Linekong Interactive (08267) fell by 2.5% to HKD 0.39.
On the news front, on June 13, bitcoin briefly touched $67,000, down nearly 4% on the day. Analysts at QCP Capital said in a report that bitcoin's recent weakness is mainly due to the market's reaction to macroeconomic data, which generally shows risk aversion.
The dot plot shows that Federal Reserve officials have sharply lowered their expectations for rate cuts this year, from three cuts shown in the previous dot plot to one. At the news conference, Powell said that the Fed is not yet confident in cutting interest rates, and inflation data so far this year is not enough to give the Fed the confidence to do so. Some analysts pointed out that if the Fed is seen as reaffirming the need to maintain higher interest rates in the long term, this will support the dollar in the short term and lead to a decline in bitcoin prices.