In the past week, Bitcoin and Ethereum have increased by 8% and 19% respectively, with market sentiment clearly improving. As 'Crypto Week' approaches, the U.S. crypto market is heating up, driven by favorable factors such as stablecoin legislation, ETF inflows, and expectations for Circle's IPO, making the U.S. the focus of global crypto assets.
However, Ethereum's rise 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.
