#加密市场观察 Global Market Diversification

In 2025, the geographical differences in the crypto market become prominent. Crypto market observations indicate that the U.S. experiences significant volatility due to policy expectations, while Asia attracts capital due to relaxed regulations. Although China has banned crypto trading, on-chain activities suggest an active underground market. The implementation of Europe's MiCA regulations may bring new opportunities. Global capital flows are reshaping the market landscape.