ETH/USD is trading at $3960.55, 0.03% up since previous close.  The Ethereum slightly recovered on Friday after soaring down till $3600 levels amid Musk’s tweet of suspending the BTC for car purchases keeping in check environmental concern. These suppressed overall digital assets. Earlier, the ETH/USD formed record high levels of $4100 following the news of European Investment Bank’s plan            of launching a ‘digital bond’ sale on Ethereum blockchain network. The growing volatility in crypto currencies & uncertain equity markets makes the ETH/USD stronger. As seen in the chart, the ETH/USD seems to be taking a support of Fibo level 161.8 & hence, slight buying may seen if defends the level.

BCH/USD is trading at $1303.89, 0.02% down since previous day close. The sideways trading can be seen in Bitcoin Cash (BCH) after sliding down to lower levels on Thursday after Tesla’s Musk tweeted to stop accepting Bitcoin as a mode of payment for vehicle purchases until Bitcoin mining transitions into more sustainable energy. Besides this, U.S Biden proposal of raising tax rate for wealthiest may remain crucial for digital assets. The mixed USD, uncertain equity markets & rising Gold prices can create positive momentum in the BCH/USD. As seen in the chart, the BCH/USD may take a support of Fibo level 50.0 & hence, slight buying may be recommended if took a support successfully.