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Bitcoin Hits New High; HK Cryptocurrency Concept Stocks Largely Surge 10%+ as Bitcoin ETFs Escalate
Vote counting for the US presidential election began. Based on preliminary results, The Associated Press currently predicted that Republican presidential candidate Donald Trump wil...
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Bitcoin Hits New High; HK Cryptocurrency Concept Stocks Largely Surge 10%+ as Bitcoin ETFs Escalate
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Vote counting for the US presidential election began. Based on preliminary results, The Associated Press currently predicted that Republican presidential candidate Donald Trump will win 198 votes, while Democratic presidential candidate Kamala Harris has won 109 electoral votes.

Bitcoin set a new high on the back of the news and expectations of a potential relaxation of US regulation on cryptocurrencies. Bitcoin last rallied 9.36% to US$74,354 in the past 24 hours, breaking through a high of US$73,798 in March, according to Coindesk's data.

Related News BITFIRE GROUP (01611.HK) Interim Loss Widens to HKD245M
Hong Kong's cryptocurrency concept stocks rose, with OSL GROUP (00863.HK)  -0.660 (-5.556%)    Short selling $1.74M; Ratio 34.511%   last surging 11.08% to $7.82. SINOHOPE TECH (01611.HK)  -0.040 (-1.878%)   ballooned 10.36% to last at $2.13, while BOYAA (00434.HK)  -0.140 (-5.645%)    Short selling $955.06K; Ratio 19.894%   last printed at $2.17, spiking 16.67%. GRANDSHORES (01647.HK)  0.000 (0.000%)   last soared 29.41% to $0.11, while OKG TECH (01499.HK)  -0.002 (-1.563%)   last printed at $0.181, up 11.04%.

Hong Kong-listed bitcoin ETFs were popular. BOS HSK BTC (03008.HK)  -0.270 (-5.014%)    Short selling $2.48M; Ratio 36.163%   last welled 7.8%, while CAM BTC (03042.HK)  -0.450 (-5.282%)    Short selling $236.84K; Ratio 2.031%   escalated 7.5%. HGI BTC (03439.HK)  -0.455 (-5.309%)    Short selling $780.49K; Ratio 40.996%   shot up 7.3%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-03 12:25.)

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