In the pre - market trading session, the majority of cryptocurrency - related stocks are experiencing an upward trend. Notably, Canaan has witnessed a remarkable surge, with its stock price jumping by over 10%. This impressive gain places Canaan at the forefront among several related companies in terms of performance. On the news front, Bitcoin has staged a robust rebound. It has successfully broken through the significant $70,000 per - coin threshold, reaching a new peak since June 2. This milestone not only reflects the growing strength of Bitcoin but also has a far - reaching impact on the entire cryptocurrency market. In a significant development, former President Trump held a meeting with executives from the cryptocurrency industry at the White House. This move has significantly heightened market expectations. There is a widespread anticipation that his administration, if in power, would actively promote a regulatory environment that is friendly to digital assets. Such an environment would likely encourage innovation and investment in the cryptocurrency sector. Meanwhile, the U.S. Securities and Exchange Commission (SEC) put forward a new plan this week. The proposed plan aims to exempt certain digital asset issuances from the requirement of submitting securities registration statements. This regulatory change, if implemented, could streamline the process for digital asset issuers and potentially boost the growth of the digital asset market.