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On May 18th, Israeli media reported that Israeli Prime Minister Benjamin Netanyahu and US President Donald Trump spoke by phone that day to discuss the possibility of resuming military action against Iran. Israeli public broadcaster citing a senior Israeli official, reported that the call lasted about half an hour, primarily discussing the possibility of resuming military strikes against Iran. The official stated that if the US resumes military action against Iran, a joint airstrike by Israel and the US is expected.According to Saudi media Alhadath, Israeli media reports that the list of targets for strikes against Iran includes locations that Washington refused to target in the previous round of operations.The Israeli Broadcasting Corporation, citing official sources, said that if Trump approves the resumption of hostilities (with Iran), a joint attack will be launched.On May 18, US President Trump stated in a call with Axios that Irans "time is running out" and warned that if the Iranian regime does not offer a better deal, "they will suffer even heavier blows." US officials indicated that Trump hopes to reach an agreement to end the war; however, because Iran has rejected many of his demands and refused to make substantial concessions on its nuclear program, military options have been brought back to the table. According to two US officials, Trump is expected to meet with his senior national security team in the Situation Room on Tuesday to discuss options for military action.May 18 - According to the China Earthquake Networks Center, a 5.2-magnitude earthquake struck Liunan District, Liuzhou City, Guangxi Province (24.38°N, 109.26°E) at 00:21 on May 18, 2026, with a focal depth of 8 kilometers. The China Earthquake Administration has activated a Level III emergency response.

BTC Fear & Greed Index Falls to 31 as Investor Focus Shifts to the Fed

Skylar Shaw

Oct 31, 2022 15:42

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Bitcoin (BTC) decreased by 0.89% on Sunday. BTC concluded the week up 5.42% to $20,647, partially undoing a Saturday gain of 1.08%. Notably, BTC avoided trading below $20,000 for the fifth day in a row and ended the day above $20,000 for the sixth straight session.


After a choppy morning, BTC increased to a high of $20,950 in the middle of the trading day. A late low of $20,532 was reached by BTC as it failed to reach the First Major Resistance Level (R1) at $21,091. Before partially regaining its footing to reach $20,647, BTC momentarily breached the First Major Support Level (S1) at $20,576.


In anticipation of a busy week for the global financial markets, investors had a calm day to lock in gains. The Fed announces its decision on interest rates this coming Wednesday. The Fed's intentions for December remain unclear, despite the markets' bets for a 75-basis point rate increase.


The bullish week was fueled by anticipation of a Fed turnaround in December. The markets, however, could see investor concern prior to the Wednesday decision. The sensitivity of the cryptocurrency market to US economic data and the Fed maintains the BTC link with the NASDAQ 100.


The NASDAQ 100 Mini was down 56.75 points this morning, pushing BTC into negative territory.

Investor caution increases ahead of the Fed, causing the Fear & Greed Index to decline.


The Fear & Greed Index dropped from 34/100 to 31/100 this morning. Investor apprehension ahead of the FOMC interest rate decision and press conference on Wednesday is reflected in the decline. A return of the Index to the Neutral area would be supported by confirmation of the Fed's shift in December.


As investors wait for the Fed to announce its policy, US economic statistics will continue to be the major focus in the near term. Prior to Wednesday's decision, important statistics include JOLTs job postings, ADP nonfarm employment, and ISM Manufacturing PMI data.


To support a reversal of the negative trend in BTC, the Index will need to hit 40/100 and the neutral zone. A decline to below 20/100 would indicate a BTC decline to below $18,000.

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