Market Data Highlights
Bitcoin opens at $44K. It hits lowest at $42K and highest at $44K and stable around $41K ~ $42K. The average transaction fee is $2.62 which is a 18.55% increase from 01-05-22. Fear and Greed level is at 15.
Ethereum opens at $3.6K. It hits lowest at $3.3K and highest at $3.6K and stable around $3.3K. The average transaction fee is $41.64 which is a 1.14% increase from 01-05-22. Fear and Greed level is at 25.
Also, you can view my 1 min video summary if you want to skip the reading:
Here are some highlights to support my analysis:
NFT market highlights:
The NFT market is up! But the crypto market continues going down. The upward momentum is gone.
Today’s sentimental news and comments:
Bullish News ?
Dapper Labs becomes the first NFT company to lobby with the US government.
NYC Mayor said to buy the dip.
The House Subcommittee on Oversight and Investigations may be planning a hearing on Bitcoin’s carbon footprint.
Binance bought the dip of 43K bitcoin.
Bearish News ?
All my apes are gone! Theft stole Bored Ape from an NFT owner worth more than $2M.
Future Trend ?
WeChat adds digital Yuan wallet supports.
Web3 projects are on the rise.
Crypto scammers took a record $14B in 2021!
Scam Alert ⚠️
Scam: Telegram random airdrop message
Reason scam: scam airdrop to steal tokens from your wallet
Scam types: fake promotion, rug pull potential, fake token
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