Bitcoin breaks through the $88,000 mark, and the concept stocks of cryptocurrency are generally rising before the market opens.

Cryptocurrency concept stocks rose before the market opens, with Bit Digital up over 6%, Hut 8 up over 5%, IREN, Strategy, CleanSpark up about 4%, Circle, Coinbase, Riot Platforms up over 3%. On the news side, Bitcoin rose over 3%, breaking through the $88,000 mark. Previously, David Sacks, head of artificial intelligence and cryptocurrency at the White House, posted on X platform that the Senate Banking and Agriculture Committee will hold hearings on cryptocurrency market structure legislation in January.