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Matrixport: Cryptocurrency Heat Rises in the US, Ethereum Surges Led by Asia

Summary: According to reports, Matrixport released today's market analysis, with Ethereum rising 18% in the month, with 17 percentage points coming from the Asian trading session. In the past week, Bitcoin and Ethereum rose by 8% and 19% respectively. The approaching Crypto Week and rising policy expectations are driving market sentiment, with inflows of ETF funds ...

According to reports, Matrixport released today's market analysis, with Ethereum rising 18% in the month, with 17 percentage points coming from the Asian trading session. In the past week, Bitcoin and Ethereum rose by 8% and 19% respectively.

The approaching Crypto Week and rising policy expectations are driving market sentiment, with inflows of ETF funds in the US, corporate allocations, and expectations of Circle's listing becoming important market drivers. However, the influence on Ethereum pricing is gradually shifting towards the Asian market.

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Link: Matrixport: Cryptocurrency Heat Rises in the US, Ethereum Surges Led by Asia [Copy]

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