 ▲ Ethereum (ETH), Bitcoin (BTC) |
Over the past week, Bitcoin (BTC) has been trading sideways between $64,000 and $67,000. There are also strong expectations for Ethereum (ETH), but it continues to trend sideways around $3,500.
What do the public think about Bitcoin and Ethereum? Let’s check it out with the big data analysis platform Some Trend.
 ▲ Source: Some Trend |
Bitcoin vs Ethereum, what is the trend in mention volume?
During the week from June 14 to June 20, Bitcoin was mentioned 783 times and Ethereum 294 times.
 ▲ Source: Some Trend |
 ▲ Source: Some Trend |
 ▲ Source: Some Trend |
 ▲ Source: Some Trend |
Bitcoin vs Ethereum, what are the images and key emotional words?
Bitcoin's image was confirmed to be positive, with 48% positive, 44% negative, and 7% neutral. Among the major emotional words, positive expressions include 'strong', 'positive', 'craze', 'expectation', 'helpful', 'grow', and 'support'. Negative expressions include 'buy', 'concern', 'plunge', 'fear', 'loss', and 'sell', while neutral expressions include 'soaring' and 'pressure'.
Ethereum's image was confirmed to be positive, with 51% positive, 43% negative, and 6% neutral. Among the major emotional words, positive expressions include 'positive', 'expectation', 'growth', 'high rate of return', 'strong', and 'high level'. Negative expressions include 'loss', 'collapse', 'confused', 'low level', 'regretted', 'kidnapped', 'damage', 'conflict', and 'fear'. There is no neutral expression.
Major issues related to Bitcoin and Ethereum
On the 19th (local time), CoinDesk, a cryptocurrency media outlet, reported CryptoQuant's observation that long-term Bitcoin hodlers had sold a total of over $1.2 billion worth of Bitcoin over the past two weeks.
Ki-young Ki, CEO of CryptoQuant, analyzed, “Traders are still not increasing their Bitcoin holdings, and the pace of increase in demand from whales is slowing to the slowest rate since November of last year.”
In another article, the media reported SoSoValue's data analysis results showing that the outflow of Bitcoin spot exchange-traded funds (ETFs) in the U.S. this week exceeded $900 million. On the 20th (local time), SoSoValue released data proving that 11 Bitcoin spot ETFs in the U.S. recorded losses worth $140 million in one day, and the total trading volume was $1.1 billion.
On the 20th, $53 million outflowed from GBTC, leading the outflow of the US Bitcoin spot ETF. This was followed by an outflow of $51 million from Fidelity's FBTC.
UToday, a media specializing in virtual assets, reported that Max Keiser, a Bitcoin adviser to the President of El Salvador, widely known as a Bitcoin believer, warned Argentine President Javier Milei against adopting altcoins, including Ethereum. did.
Kaiser emphasized that Ethereum is a scam and argued that the adoption of Ethereum will be the main culprit in slowing down the development of Argentina's digital currency sector. He criticized Ethereum and said that the official approval of Bitcoin was a positive step in the development of the digital currency sector.
Bitcoin and Ethereum, what are today’s prices?
As of 5:38 p.m. on June 21, the price of Bitcoin is $64,119.36, down 2.35% from the previous day, and the price of Ethereum is $3,477.79, down 3.26% from the previous day.
