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February 7 - According to a report released by Indonesias Meteorology, Climatology and Geophysics Agency, a 5.9-magnitude earthquake struck approximately 118 kilometers northwest of the Tanimbar Islands in Maluku Province, Indonesia, at around 4:20 a.m. local time on February 7. The earthquake had a depth of 100 kilometers. There is no tsunami risk. No casualties have been reported.Chinas foreign exchange reserves in January were $3,399.078 billion, below the expected $3,370 billion and the previous months $3,357.87 billion.The Peoples Bank of China reported that Chinas foreign exchange reserves stood at $3,399.078 billion at the end of January, an increase of $41.209 billion from the previous month.February 7th - US President Trump stated that the US and Iran had "very good talks" and that Iran is "very eager" to reach an agreement. Trump said aboard Air Force One, "We had very good talks, and Iran seems very eager to reach an agreement. We have to see what the agreement is. I think Iran looks very eager to reach an agreement. We have a large fleet, a large navy is heading in that direction, and it will be here soon. Well see how things develop."1. A Russian army lieutenant general survived an assassination attempt in Moscow. 2. The International Atomic Energy Agency: Ukraines power grid was attacked again, affecting nuclear power plant operations. 3. According to RIA Novosti: The Russian Ministry of Defense stated that its troops have captured the Popivka stronghold in eastern Ukraine. 4. The US Department of Defense: The US State Department approved the sale of $185 million worth of Class IX spare parts and related equipment to Ukraine. 5. The Ukrainian Defense Minister stated that Canada is transferring "advanced improved air defense missiles" to strengthen Ukraines air defense capabilities. 6. Russian Foreign Minister Lavrov: With the expiration of the new Strategic Arms Reduction Treaty, Russia is prepared for any eventuality. 7. The EU proposed a new round of sanctions against Russia, completely banning Russian oil and maritime services, and imposing an import ban on Russian metals, chemicals, and minerals. 8. Kremlin spokesman Peskov: A new round of negotiations on the Ukraine issue is about to be held, but there is no definite date yet. There are currently no plans to hold the next round of negotiations in the United States, nor has it been discussed.

BTC Fear & Greed Index Slips on a Bearish Monday Session

Jimmy Khan

Sep 06, 2022 16:02

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Bitcoin's (BTC) price dropped by 1.07% on Monday. BTC finished the day at $19,789, reversing a 0.85% gain from the previous day. BTC closed the day below $20,000 for the third time in four sessions, while testing the $20,000 mark.


BTC rose to an early high of $20,060 over a volatile morning before going back down. BTC declined to a morning low of $19,636 after failing to surpass the First Major Resistance Level (R1) at $20,165. At $19,715, BTC breached the First Major Support Level (S1). BTC challenged resistance above $20,000 with an afternoon high of $19,965 before falling down after finding support in the early afternoon.


Since there were no significant crypto-related happenings, BTC was left to the whims of the NASDAQ 100 Mini and the European equities markets.


The riskier assets were under pressure from negative sentiment brought on by dismal Eurozone economic data. There wasn't much movement in the NASDAQ 100 Mini to alter the mood since the US markets were closed.


The DAX declined by 2.22% on Monday. The NASDAQ 100 Mini, on the other hand, is up 115.5 points this morning, bolstering BTC and the larger crypto market.


Later on today, the NASDAQ 100 and the cryptocurrency market will be impacted by US economic figures. The day's most significant statistic is the crucial ISM Non-Manufacturing PMI. Better-than-expected service sector activity might increase Fed anxiety and test the public's willingness to invest in riskier assets.