This week's cryptocurrency market dynamics summary: Oil prices have fallen to a four-year low, with risk assets attracting increased interest and crypto market sentiment showing marked improvement. Ethereum has demonstrated strong recent performance, with daily transaction volume surpassing 1.8 million transactions, reaching an all-time high, and on-chain activity continuing to strengthen. Simultaneously, new blockchain application models are emerging, with market expectations for ecosystem innovation rising. This adjustment in risk sentiment brought about by falling oil prices is providing fundamental support for a crypto asset rebound.
This week's cryptocurrency market dynamics summary: Oil prices have fallen to a four-year low, with risk assets attracting increased interest and crypto market sentiment showing marked improvement. Ethereum has demonstrated strong recent performance, with daily transaction volume surpassing 1.8 million transactions, reaching an all-time high, and on-chain activity continuing to strengthen. Simultaneously, new blockchain application models are emerging, with market expectations for ecosystem innovation rising. This adjustment in risk sentiment brought about by falling oil prices is providing fundamental support for a crypto asset rebound.