The bitcoin concept collectively declined. As of the time of writing, grandshores (01647) dropped by 7.55%, priced at 0.098 HKD; linekong (08267) fell by 4.76%, priced at 0.6 HKD; osl group (00863) decreased by 2.57%, priced at 7.97 HKD.
According to Zhito Finance APP, the bitcoin concept collectively declined. As of the time of writing, grandshores (01647) dropped by 7.55%, priced at 0.098 HKD; linekong (08267) fell by 4.76%, priced at 0.6 HKD; osl group (00863) decreased by 2.57%, priced at 7.97 HKD; okg tech (01499) dropped by 2.27%, priced at 0.215 HKD.
In terms of news, the cryptos market experienced another huge shock. Early this morning, the price of bitcoin suddenly plummeted, briefly touching 94,000 USD, and has now rebounded to above 96,600 USD. Nigel Green, CEO of financial services company deVere Group, previously predicted that bitcoin would experience a short-term correction soon. This is a natural reaction to the rapid price increase, as investors take profits. However, Green anticipates that this is just a temporary phase, and bitcoin will continue its upward trajectory, possibly reaching 120,000 USD in the first quarter of 2025. It is reported that since Trump won the usa election, the price of bitcoin has risen by more than 40%, with a cumulative increase of over 120% within the year.