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Cryptomarket Valuation and Opinion 12-13-21

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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