Matrixport: Asian Funds Driving Ethereum's Surge, DeFi Recovery to Sustain Momentum
BlockBeats News, July 21st. Matrixport released today's market analysis, indicating that Asia continues to lead in the performance of altcoins, especially Ethereum (ETH) and XRP. Ethereum has shown resilience driven by several key catalysts. Despite the current relatively low Gas fees, the funding rate has climbed to double digits — although this value remains moderate compared to the futures' open interest and the inflow of funds into Ethereum ETFs.
Last week, Matrixport analyzed Ethereum's performance during different global trading hours, with Asia's influence becoming more significant — directly driving a strong weekend ETH rally. However, this story is not limited to speculative fund flows and institutional fund allocations. The significant resurgence of Decentralized Finance (DeFi) activity is also providing support for Ethereum's upward trend.
Te puede gustar
Ganadores
Últimas noticias cripto
AI News Today: Cuando la IA conoce Blockchain, oportunidades que no puedes perderte
Ethereum Sumerge por debajo de los $2900
El precio a corto plazo de SOL cae por debajo de los 130 dólares
¿Otra vez surge el rumor de la resignación de Powell? Pronunciará discurso el martes por la mañana
Cierta ballena tuvo una longitud 10 veces mayor en HYPE, con un valor de posición superior a 19 millones de dólares, y un precio de liquidación de 25,724 dólares
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y CM:[email protected]
Servicios VIP:[email protected]