CoinVoice has recently learned that Wang Feng, the founder of Blueport Interactive, stated that the market sentiment of Bitcoin and Ethereum should not be viewed in isolation.

Bitcoin is currently hovering around $120,000 with minimal fluctuations and no major sell-offs. This provides space for Ethereum to maintain its upward momentum after breaking through $4,000, with predictions suggesting it could rise to around $5,000. Similarly, Ethereum and the entire crypto market can never be separated; the autumn of cryptocurrencies is expected to commence, with DeFi, RWA, and star Memes entering a phase of takeoff.

On July 16, Blueport Interactive established the LK Crypto division to oversee the management of the company's mainstream crypto assets and accelerate the layout of Web3 and RWA. [Original link]