Bitcoin & Ethereum Valuation and Opinion 09-22-21
Market Data Highlights
Bitcoins opens at $42K. It hits lowest at $39K and highest at $43K and stable around $43K ~ $44K. The average transaction fee is $2.42 which is a 9.01% increase from 09-21-21. Fear and Greed level is at 21.
Ethereum opens at $2.9K. It hits lowest at $2.6K and highest at $3.0K and stable around $3.0K. The average transaction fee is $24.68 which is a 4.75% increase from 09-21-21. Fear and Greed level is at 27.
Here are some highlights to support my analysis:
Bitcoin Value = $42k ~ $48k and my position is Long.
Ethereum Value = $2.8k ~ $3.5k and my position is Long. Today’s sentimental news and comments:
Bullish News 📈
Bitcoin ETFs may come as early as this November.
54% of Salvadorans are not familiar with Bitcoin. The government’s unilateral move into Bitcoin is likely.
Bitcoin mining firms accumulate digital assets to expand their investments.
Bearish News 📉
Bitcoin mining difficulty surges 31% since July.
Future Trend 🚀
Let the Deso era begin! Bitclout creator announces Deso ambitions.
Robinhood will launch a crypto wallet in 2022.
eToro commits $1 million to Gooddollar as their universal basic income project.
1inch expends network to lower transaction fees.
Thanks for reading and see you tomorrow!