HK Stock Market Move | Cryptocurrency concept stocks collectively surged at the opening, and the frenzy in the coin circle continued as Bitcoin approached the $90,000 mark.

Concept stocks related to cryptocurrency collectively opened high. As of the press time, BOYAA (00434) rose by 14.73%, trading at HK$2.57; GRANDSHORES (01647) rose by 10.24%, trading at HK$0.14; SINOHOPE TECH (01611) rose by 9.62%, trading at HK$2.28; OSL GROUP (00863) rose by 5.96%, trading at HK$8. In terms of news, the price of Bitcoin continues to soar, surpassing $89,000 per coin, reaching a new all-time high. Since Donald Trump won the U.S. presidential election, cryptocurrencies have entered a rapid rise mode. Geoff Kendrick, Head of Digital Asset Research at Standard Chartered, believes that after Trump's election victory, the price of Bitcoin will reach $125,000 by the end of this year, and $200,000 by the end of 2025. Jan Van Eck, CEO of leading asset management company VanEck, predicts that the price of Bitcoin will reach $300,000.