Bitcoin Is Cheap, But Ethereum Is Even Cheaper, Says Fidelity's Timmer


In a recent Twitter conversation, Jurrien Timmer, director of the global macro at Fidelity, asserts that Bitcoin is "affordable."

The CEO noted that the current price of Bitcoin is the lowest it has been since 2013. And also asserts that Ethereum, the second-largest cryptocurrency, is currently even "cheaper" than Bitcoin.

According to data given by CoinGecko, the two biggest cryptocurrencies are down 68.58 and 74.95 percent, respectively, from their record levels.