President Biden announced that he will no longer seek re-election and expressed support for Vice President Kamala Harris as the Democratic Party's next candidate.During the night session, Trump concept stocks rose, with DJT and digital currency concept stocks leading the gains:<figure class="image"><img src="https://pub.pbkrs.com/cms/2024/0/LxR37sT1cWd7xRmEMH5AbXnm3zc7sCUE.jpg?x-oss-process=style/lg" original-src="https://pub.pbkrs.com/cms/2024/0/LxR37sT1cWd7xRmEMH5AbXnm3zc7sCUE.jpg"/></figure>Trump's attitude towards cryptocurrency is increasingly open. If Trump can return to the White House, it will be beneficial for Bitcoin miners and cryptocurrency companies, potentially ushering in a turning point.On social media, Elon Musk's profile picture has been added with laser eyes, a symbol widely circulated in the cryptocurrency community, demonstrating optimism about the future development of Bitcoin.Teong Hng, CEO of Satori Research, pointed out that active trading in the off-exchange options market indicates that Bitcoin may soon return to its historical highs. In particular, the increasing interest in call options with a strike price of $100,000 expiring in December 2024 reflects growing bullish sentiment among institutional investors towards Bitcoin. Hng stated that he &#34;expects a strong rebound by the end of the year, with a Trump victory as a catalyst.&#34;

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DJT and concept stocks related to digital currencies performed well in the night session

- President Biden announces he won't seek re-election, endorsing Vice President Kamala Harris as the next Democratic candidate. 
- In after-hours trading, stocks related to the Trump concept surged, with DJT and cryptocurrency-related stocks leading the gains. 
- The optimistic outlook in the cryptocurrency community, symbolized by Elon Musk's laser-eyed profile picture, hints at a positive future for Bitcoin, supported by active trading in the OTC options market predicting a potential return to historical highs.

Biden drops out, Trump concept stocks rise in night trading