Asia Morning Briefing: Polymarket Bettors Foresee $5K ETH by End of August

Description
Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. As Asia begins its trading day, ETH is trading above $4600, up 10% in the last 24 hours, as the possibility of a rate cut in September works its way through the market. Some traders see it likely that ETH could quickly challenge...
$ETH
$4682.80
+9.59%
$BTC
$120676.7
+1.88%
$TRX
$0.35764
+3.75%
$USDC
$0.9992
+0.01%
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