Summary
- It is noteworthy that the rise of "Ethereum" has been analyzed as being led by the Asia market.
- Matrixport reported that the Ethereum rally is continuing ahead of 'Crypto Week'.
- It was reported that of Ethereum's 18% gain in the past month, 17% occurred during Asia trading hours.
It has been analyzed that the upward movement of Ethereum (ETH) was led by the Asia market.
On the 16th (local time), Matrixport stated in a report, "Ahead of the U.S. 'Crypto Week,' Ethereum's rally continues," while also noting, "Recently, Ethereum's strength has been led by the Asia market."
They further explained, "Of Ethereum's 18% gain over the past month, 17% occurred during Asia trading hours," and said, "Asia plays a very important role in the virtual asset (cryptocurrency) market."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
