Stock market anomaly | Bitcoin concept stocks rise against the market. Bit Origin (BTOG.US) surged over 28%

According to the Wisdom Financial APP, on Friday, the concept stocks of Bitcoin rose against the market. As of the time of writing, Bit Origin (BTOG.US) rose over 28%, MARA Holdings (Mara.US) rose over 2.9%, SharpLink Gaming (SBET.US) rose over 14%, Upexi (UPXI.US) rose over 9%, Canaan Technology (CAN.US) rose over 4%, GameStop (GME.US), and MicroStrategy (MSTR.US) rose over 3%. Bitcoin had previously surged to a historic high of over $118,000, with bets on a rate cut by the Federal Reserve in September, inflow of funds into spot crypto exchange-traded funds, and regulatory optimism all being important factors driving this week's rebound, pushing Bitcoin to its first historic high since May.