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Bitcoin concept stocks generally rose. As of press time, Xiongan Technology (01647) rose 7.5%.pennpursuit33000.46%, at HK$0.072; New Fire Technology Holdings (01611) rose 5.56% to HK$2.85;OSL Group (00863) rose 5% to HK$10.08; Meitu (01357) rose 2.74% to HK$3.
In the news, Bitcoin broke through US$66000 per piece in the short term on Monday, the first time since April 15. At 8:09 on April 20, Bitcoin successfully completed its fourth halving at a block height of 840000. The mining reward of the Bitcoin network was halved from 6.25 BTC to 3.125 BTC. The last halving occurred on May 11, 2020.
Analysts at JPMorgan Chase believe that Bitcoin is expected to be under pressure in the short term, citing excessive market buying. Nansen Research analysts said that Bitcoin's price return after halving is generally higher, and in the 250 days after halving, its return rate is the same as itspennpursuit33000Five to six times his age. The analyst believes that currently, the macroeconomic situation in the United States is forcing risky assets, including cryptocurrencies, to adjust, but the upward trend of Bitcoin remains unchanged.