Market Data Highlights
Bitcoin opens at $50K. It hits lowest at $45K and highest at $50K and stable around $46K ~ $47K. The average transaction fee is $1.52 which is a 10.08% decrease from 12-12-21. Fear and Greed level is at 28.
Ethereum opens at $4.1K. It hits lowest at $3.6K and highest at $4.1K and stable around $4.0K. The average transaction fee is $23.00 which is a 12.51% decrease from 12-12-21. Fear and Greed level is at 37.
Here are some highlights to support my analysis:
NFT market highlights:
The NFT market is down along with the crypto market. The gas fee is also down dramatically. It is time to swap! Can you believe you need to spend $2K to swap your $1K assets?!
Today’s sentimental news and comments:
Bullish News ?
Florida State wants to become the first crypto state as their governor proposes a budget to create a crypto-friendly state.
Germany’s largest savings bank gives 50 million people exposure to Bitcoin.
The world first Bitcoin ETF just bought the dip for $211.6M in Bitcoin.
Bearish News ?
Elon Musk continues supporting Dogecoin but it seems nobody is buying it.
Future Trend ?
The first traditional Bank in Europe adds Ethereum into their balance sheet as crypto makes traditional finance more fracture.
The US will embrace cryptocurrencies fully in 2022.
Scam Alert ⚠️
Scam: Eagle Eye Token
Reason scam: their advertisement said they will scam you
Scam types: fake token
Thanks for reading and see you tomorrow!
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