Matrixport: The United States has become the main driving force behind this round of market trends, while the rise of Ethereum is dominated by Asia

Odaily Planet Daily News: Matrixport released today's chart stating that in the past week, Bitcoin and Ethereum have risen by 8% and 19% respectively, and the recovery of the market has also sparked concentrated coverage from mainstream media in the United States. Driven by the approaching "Crypto Week" and rising policy expectations, market sentiment has significantly rebounded. With the expected implementation of stablecoin legislation, the voice of the United States becoming the "global capital of cryptocurrency" is becoming increasingly strong. From the stable inflow of ETF funds, accelerated allocation of cryptocurrency assets by enterprises, to the expectation of Circle listing, the United States has undoubtedly become an important driving force in this round of market trends. Although the inflow of funds into the United States continues to be steady, Ethereum's recent upward momentum has come more from the Asian market. Over the past month, Ethereum has risen by 18% overall (as shown by the white line in the chart), with as much as 17 percentage points occurring during the Asian trading session. This means that the influence of the Asian market in cryptocurrency pricing is continuously increasing, both in terms of volatility and trading momentum.