CoinVoice has recently learned that Matrixport's latest report indicates that Ethereum (ETH) has risen by 18% this month, with 17 percentage points contributed by the Asian trading session, showing a significant increase in the Asian market's influence on ETH pricing. Over the past week, Bitcoin and Ethereum have risen by 8% and 19% respectively, with market sentiment clearly improving.
This surge is driven mainly by two factors: first, the anticipation of policies ahead of the "Crypto Week", including stable inflows of funds into U.S. ETFs and the progress of Circle's listing; second, Asian institutions continuing to increase their investments. [Original link]