Bitcoin concept stocks were higher in early trading. As of press release, Liberal Arts Interactive (00434) rose 14.21% to HK$2.17; Xinhuo Technology Holdings (01611) rose 9.27% to HK$3.3; and OSL Group (00863) rose 7.87% to HK$7.81.
The Zhitong Finance App learned that Bitcoin concept stocks were higher in early trading. As of press release, Liberal Arts Interactive (00434) rose 14.21% to HK$2.17; Xinhuo Technology Holdings (01611) rose 9.27% to HK$3.3; OSL Group (00863) rose 7.87% to HK$7.81; and Meitu (01357) rose 5.59% to HK$3.78.
According to the news, Bitcoin turned higher on Wednesday, reversing the decline in early trading. Investors temporarily halted the recent sell-off and began considering the Federal Reserve's latest policy decisions. Bitcoin rebounded strongly, breaking through the $68,000 mark, with a 24-hour increase of 6.92%. Cryptocurrency tax platform CoinLedger's previous research report indicated that Bitcoin has only been halved three times so far, but the price of Bitcoin has soared by an average of 400% in the year after the past two halves. Based on whether Bitcoin reached 69,000 US dollars when it was halved in April, the study predicted that it would reach 115,000 US dollars in the future.