Blueport Interactive Founder: The Rise of ETH is Not Isolated from the Market, the Autumn of Cryptocurrency is Expected to Start

ChainCatcher news, Wang Feng, the founder of Blueport Interactive, stated that the market sentiment of Bitcoin and Ethereum should not be viewed in isolation.

Bitcoin is currently hovering around $120,000, with little volatility and no major sell-offs. This provides space for Ethereum to maintain its upward trend after breaking through $4,000, with predictions of at least rising to around $5,000. Similarly, Ethereum and the entire crypto market can never be separated; the autumn of cryptocurrencies is expected to start, with DeFi, RWA, and star Memes entering a phase of takeoff.

On July 16, Blueport Interactive established the LK Crypto division to oversee the management of the company's mainstream crypto assets and accelerate the layout of Web3 and RWA.