HK Stock Market Move | Bitcoin once surpassed $72,000. New World Development (01611) rose more than 9%, while Boyaa (00434) rose more than 8%.

The concept stocks of cryptocurrencies are on the rise. As of the time of writing, LINEKONG (08267) rose by 9.8% to 0.28 Hong Kong dollars; Xinhuo Group (01611) rose by 9.43% to 2.32 Hong Kong dollars; BOYAA (00434) rose by 8.27% to 2.88 Hong Kong dollars; OKG TECH (01499) rose by 7.84% to 0.165 Hong Kong dollars. On the news front, stimulated by the US-Iran ceasefire news, the cryptocurrency market welcomed a long-awaited rally. The price of Bitcoin surged this morning, breaking through 72,500 US dollars at one point. As of the time of writing, Bitcoin rose by 4.75% to 71,859 US dollars, and other mainstream currencies joined the celebration. It was reported that the US and Iran had announced a temporary ceasefire, opening the Strait of Hormuz, and negotations between the two sides will take place on the 10th.