HK Stock Market Move | Bitcoin breaks through the $95,000 mark, Boyaa (00434) rises more than 10%, Sinohope Tech (01611) rises more than 7%.

Concept stocks of cryptocurrency are strong, as of the time of writing, BOYAA (00434) rose by 10.81% to 4.1 Hong Kong dollars; LINEKONG (08267) rose by 10% to 0.44 Hong Kong dollars; SINOHOPE TECH (01611) rose by 7.09% to 3.17 Hong Kong dollars; OKG TECH (01499) rose by 6.9% to 0.217 Hong Kong dollars. In terms of news, the cryptocurrency market saw a big rise, with Bitcoin rising nearly 5%, breaking through $95,000 to hit a new high for the year. Ethereum also rose by over 7%. The US December CPI was in line with expectations on a month-over-month basis, with core CPI rising by 2.6% year-over-year, lower than the expected 2.7%; on a month-over-month basis, it was 0.2%, lower than the expected 0.3%. The US core inflation slowed as expected, strengthening expectations for a rate cut by the Fed in April. In addition, recent reports indicate that Wall Street star fund manager Cathie Wood predicts that Trump may begin buying Bitcoin as a strategic reserve before the 2026 midterm elections to maintain political momentum and support from cryptocurrency voters.