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On September 21, Ukrainian President Volodymyr Zelenskyy stated that he spoke with US President Donald Trump that day, and the two agreed to meet in New York. Zelenskyy said that this meeting "could bring about important changes," and that the diplomatic process is currently underway.On September 21, the Wall Street Journal reported that the Trump administration is preparing broader sanctions against the International Criminal Court (ICC) to expand its previous pressure campaign against the institution. According to documents, the new measures could prohibit most transactions with the ICC after a six- to seven-month grace period and may restrict its use of the US dollar, thus affecting its participation in the global financial system. The report, citing officials, stated that the final decision and announcement date are yet to be determined, but could be announced as early as this week during the UN General Assembly or in the following days. A State Department spokesperson did not disclose specific sanctions but stated that Secretary of State Marco Rubio believes the ICC poses a threat to US sovereignty. Previously, the US has sanctioned several ICC officials, including former Chief Prosecutor Karim Khan, ICC President Tomoko Akane, and several judges and prosecutors. The proposed measures would expand from targeting individuals to targeting transactions with the court as a whole. The deterioration in US relations with the ICC is linked to the courts 2024 arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Israeli Defense Minister Yoav Galant.On September 21, U.S. President Donald Trump will meet with New York City Mayor Nancy Mamdani at Gracie Mansion, the official residence of the New York City mayor, on Monday. Mamdanis office stated that the talks will focus on issues affecting New York City and its residents, but did not release a specific agenda or meeting arrangements. White House officials confirmed the meeting plans but did not provide further details. This will be Mamdanis third face-to-face meeting with Trump since being elected mayor.According to the Wall Street Journal, the Trump administration is preparing to impose sanctions on the International Criminal Court.Slovak Prime Minister Fico: We will not support any actions that could lead to conflict between NATO and Russia.

BTC Fear & Greed Index Maintains Stability Despite Bitcoin's Return to $21,000

Daniel Rogers

Oct 31, 2022 16:35

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Bitcoin's (BTC) price increased by 1.08% on Saturday, ending the day at $20,833. Notably, BTC has reached $21,000 twice since September 13. Following the release of US economic data on Friday, market expectations of a December Fed pivot continued to be supported. The Bitcoin Fear & Greed Index remained unchanged at 34/100 as Fed anxiety diminished.


Bitcoin (BTC) climbed by 1.08% on Saturday. BTC concluded the day at $20,833 after a 1.53% increase from Friday. Notably, BTC closed the day at $20,000 for the fifth consecutive session, and for the second time since September 13 it reached $21,000.

 

BTC fell to a morning low of $20,576 following a mixed start to the day. BTC rose to a late-morning high of $21,094 without touching the First Major Support Level (S1) at $20,174. BTC surpassed the First Major Resistance Level (R1) at $20,908 before retreating to finish the day below $20,900.

 

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The rebound to $21,000 illustrates the ongoing shift in market sentiment towards Federal Reserve monetary policy.

 

The August US CPI report put Bitcoin and the broader market into a downward spiral on September 13. This week, the expectation of a Fed turnaround in December has provided market support. The Fed's influence on BTC is likely to persist in the near future, maintaining the correlation with the NASDAQ.