Market Data Highlights
Bitcoins opens at $48K. It hits lowest at $47K and highest at $48K and stable around $47K ~ $48K. The average transaction fee is $2.95 which is a 3.59% decrease from 09-16-21. Fear and Greed level is at 48.
Ethereum opens at $3.5K. It hits lowest at $3.4K and highest at $3.5K and stable around $3.4K. The average transaction fee is $27.34 which is a 25.07% increase from 09-16-21. Fear and Greed level is at 51.
Here are some highlights to support my analysis:
Bitcoin Value = $42k ~ $50k and my position is Long.
Ethereum Value = $3.0k ~ $4.0k and my position is Long.
Today’s sentimental news and comments:
Bullish News 📈
Domain name giant Namecheap now accepts Bitcoin as their alternative payment.
Revolut to pay its WeWork office space in Bitcoin.
Bearish News 📉
Only 4 felt as South Korea shut down crypto exchanges under new regulations.
El Salvador court to probe government’s Bitcoin buys.
SushiSwap’s token launchpad for the NFT auction hacked for over $3M in Ethereum.
Future Trend 🚀
Regulation of cryptocurrency may be inevitable but if properly regulated, it may help the market.
China is one step closer to become a full surveillance state.
Hungary unveils BTC creator Satoshi Nakamoto’s statue.
Thanks for reading and see you tomorrow!