Bitcoin & Ethereum Valuation and Opinion 10-25-21

Market Data Highlights

Bitcoins opens at $60K. It hits lowest at $60K and highest at $63K and stable around $62K ~ $63K. The average transaction fee is $2.61 which is a 15.53% decrease from 10-24-21. Fear and Greed level is at 72.

Ethereum opens at $4.0K. It hits lowest at $4.0K and highest at $4.2K and stable around $4.1K. The average transaction fee is $24.71 which is a 8.00% increase from 10-24-21. Fear and Greed level is at 68.

Here are some highlights to support my analysis:

Bitcoin Value = $55k ~ $68k and my position is Long.

Ethereum Value = $3.5k ~ $4.0k and my position is Long. Today’s sentimental news and comments:

Bullish News 📈

Mastercard plans to allow merchants to accept Bitcoin payments.

Korea teachers’ credit union is planning to invest in Bitcoin.

Bearish News 📉

Russia will not follow the US Bitcoin ETF landmark.

Future Trend 🚀

Coinbase leads security issuance as the company becomes the benchmark of Defi lending.

Nigeria rolls out Africa's first CBDC.

Kucoin accuses crypto exchanges of profiting off negligence. Similar is Binance too. How long will a business model of this kind be sustainable?

Bitcoin futures ETF approval from the SEC is a strategically forming cartel to exclude retail investors.

Thanks for reading and see you tomorrow!

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