HK Stock Market Move | Partial encryption currency conceptual stocks fell, LINEKONG (08267) fell nearly 7%, OSL GROUP (00863) fell nearly 6%

date
20/01/2025
avatar
GMT Eight
Some cryptocurrency concept stocks fell, at the time of writing, LINEKONG (08267) fell by 6.86% to 0.475 Hong Kong dollars; OSL GROUP (00863) fell by 5.75% to 7.54 Hong Kong dollars. In terms of news, Bitcoin fell again, market data shows that Bitcoin has been falling for the past few hours, dropping below $100,000 per coin at one point. At the time of writing, Bitcoin is trading at $102,430 per coin, down more than 2% in a day. According to reports, Trump plans to issue an executive order to elevate cryptocurrency as a policy focus and give industry insiders a say in his government, with the executive order possibly being issued as early as Monday (January 20). Specifically, the executive order may include: national strategic priorities, possible suspension of litigation involving cryptocurrencies, and consideration of establishing a national Bitcoin reserve.

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