Analysis: Ethereum rose 18% in the month, with Asian trading hours contributing more than 90%
2025/07/16 15:03
PANews reported on July 16 that according to the latest analysis by Matrixport, Bitcoin and Ethereum rose by 8% and 19% respectively in the past week, and market sentiment has clearly warmed up. As "Crypto Week" approaches, the US crypto market is heating up, and the positive factors such as stablecoin legislation, ETF capital inflows and Circle's listing expectations have pushed the United States to become the focus of global crypto assets.
However, Ethereum's rise was mainly driven by the Asian market. Data shows that Ethereum has risen 18% in the past month, of which 17% occurred during the Asian trading hours, far exceeding the US and European markets.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
SRM rebrands as Tron Inc. in one of crypto’s strangest public transitions
Once known for crafting Disney-themed souvenirs, SRM Entertainment now holds the keys to one of crypto’s biggest treasury plays. Its rebrand to Tron Inc. and Nasdaq ticker switch to “TRON” marks a corporate metamorphosis few saw coming, least of all…
Share
Crypto.news2025/07/17 03:46
This low-cost crypto could beat Solana and Cardano, predicted to reach $2 from below $0.002
LILPEPE, a rising Layer 2 memecoin, could deliver 1,500x gains and potentially outpace Solana and Cardano. #partnercontent
Share
Crypto.news2025/07/17 03:35
What is an OTC platform, and how to choose it?
OTC crypto trading booms 106% as businesses seek large trades without slippage; here’s how to choose the right platform. #partnercontent
Share
Crypto.news2025/07/17 03:49