ETHEREUM ALMOST UNDER $1K, SHOULD YOU PANIC? OF COURSE NOT!😜

We discussed ETH and ETH2 yesterday and today we’re going back to Bitcoin AND ETH prices that have gone down. Bitcoin is down from $20K, it dropped by $800 in a couple of minutes!😳

I was following the data from Trading View today with BTC/USD as it took a hard drop to under $19,000 in just a couple of minutes after the word came out about the US economy that put U.S. inflation at 9.1%.

I believe we’ll see more rate hikes from the Feds because of this, and I believe the news of inflation made a lot of crypto enthusiasts begin to dump their assets. Cointelegraph contributor Michael van de Poppe said, "Peak inflation is here with CPI coming in at 9.1%," He also said that $19,500 should have held for BTC/USD to avoid "cascading south some more."

Whether it cascades south or runs up north, we’re keeping an eye on it lol, because crypto is our thing and we’re not letting go. Hopefully, you’ve long moved your assets into stable coins (I’ve been saying this for months), so that even though you’re not gaining a whole lot, you’re also not losing a whole lot either!

Because of the inflation news, ETH also looked like it wanted to dip to below $1K with a low today of $1015. but we’ll be keeping an eye on it as well. And in the meantime y’all know I’m consuming all the information I can about these digital assets, so stay tuned! 🙏🏿

Copyright ©2022 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™ . The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post.

Sherma Felix