Stocks in the US market are moving abnormally | Cryptocurrency concept stocks collectively rise at the beginning of trading. BitMine Immersion Technologies (BMNR.US) is up over 7%.

According to the Zhixun financial APP, on Wednesday, the concept stocks of cryptocurrency rose collectively in early trading. BitMine Immersion Technologies (BMNR.US) rose more than 7%, MARA Holdings (MARA.US) rose more than 5%, Canaan Inc. (CAN.US) and Circle (CRCL.US) rose more than 3%, and Coinbase (COIN.US) rose more than 2%. On the news front, the cryptocurrency working group formed by President Trump is expected to release a policy report on Wednesday local time, which is expected to clarify the government's position on important issues in the digital asset industry such as tokenization, defining the market, and cryptocurrency legislation.