PANews July 16 news, according to the latest analysis from Matrixport, in the past week, Bitcoin and Ethereum respectively rose by 8% and 19%, and market sentiment has clearly improved. As 'Crypto Week' approaches, the heat of the U.S. crypto market is increasing, driven by positive factors such as stablecoin legislation, ETF fund inflows, and expectations for Circle's listing, making the U.S. the focus of global crypto assets.
However, the rise of Ethereum is mainly driven by the Asian market. Data shows that Ethereum has risen by 18% in the past month, with 17% of the increase occurring during Asian trading hours, far exceeding the U.S. and European markets.
