U.S. stock market anomaly | Cryptocurrency concept stocks collectively surged, with Bit Digital (BTBT.US) rising by over 9%.

According to the Financial Channel APP, on Friday, the concept stocks of cryptocurrencies collectively strengthened. Among them, Bit Digital (BTBT.US) rose by more than 9%, Coinbase (COIN.US) rose by 6%, BIT Mining (BTCM.US) rose by more than 5%, and Canaan Technology (CAN.US) rose by nearly 3%. JPMorgan Chase stated in a research report this week that since the peak of gold prices reaching $3500 on April 22, it has fallen by nearly 8%, while the price of bitcoin has risen by 18% during the same period. This pattern of one falling while the other rises is expected to continue until the end of the year, but several unique positive catalysts in the cryptocurrency market may lead bitcoin to outperform gold in the second half of the year.