EUR/USD 1.15987
-0.078%
Gold 4581.86
-0.741%
Oil 59.259
0.228%
USD/JPY 158.072
-0.341%
GBP/USD 1.33796
-0.019%
GBP/JPY 211.500
-0.349%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to the Washington Post, U.S. Department of Defense officials said the Department of Defense has ordered about 1,500 active duty military personnel to prepare for deployment to Minnesota.On January 18th, several members of the European Parliament stated on the 17th that the trade agreement reached between the US and Europe last July would not be approved due to US threats against Greenland. They also called for the use of anti-coercion tools in response to the US tariffs. Manfred Weber, chairman of the European Peoples Party (EPP), the largest group in the European Parliament, said in a statement that escalating tensions between the US and Europe mean the European Parliament will not support the agreement. Given the US threats against Greenland, the party cannot ratify the agreement at this stage, and the zero-tariff measures on relevant US products must be suspended.On January 18th, thousands of Danish residents held a demonstration in Copenhagen, the capital, on the 17th to protest the United States attempt to control Greenland. Some of the demonstrators were from mainland Denmark, while others were from Greenland. Around noon, the march began at Copenhagens City Hall Square and proceeded to the US Embassy in Denmark, about two kilometers away. The demonstrators held signs reading "Greenland Not for Sale" and "Americans, Get Out," chanting slogans to express the Danish peoples united stance against the USs attempt to seize the island.1. Russia says it hopes to resume the prisoner-of-war exchange process between Russia and Ukraine. 2. Zelensky: The Ukrainian delegation has arrived in the United States. 3. Zelensky orders the import of electricity and additional power equipment to be expedited as much as possible. 4. Zelensky: Energy repair work is underway in almost all regions of Ukraine. 5. Russian Ministry of Defense: Russian forces have taken control of Priluki in the Zaporizhzhia region of Ukraine. 6. The Russian Ministry of Defense reports that Russian forces have struck energy and transportation infrastructure used by the Ukrainian army, as well as temporary deployment points of the Ukrainian armed forces and foreign mercenaries.January 18 - As tensions continue in Minneapolis, Minnesotas largest city, Minnesota officials announced on the 17th that the states National Guard was on "standby." That day, pro-immigrant and anti-immigrant groups clashed in downtown Minneapolis.

BTC Fear & Greed Index Slips to 22 Despite a BTC Run at $20,000

Skylar Shaw

Oct 24, 2022 15:19

微信截图_20221024110335.png


For Bitcoin, Sunday was a positive day. The Fear & Greed Index was not, however, moved into the Fear zone by lowering expectations on a hawkish Fed action in December.


Bitcoin (BTC) increased by 1.90% on Sunday. BTC increased 0.29% on Saturday before rising 1.65% for the week to $19,585. Notably, BTC avoided sub-$19,000 for a second session and fell short of $20,000 for the seventeenth session in a row.


After a negative morning, BTC dropped to a low of $19,086 around midday. Before regaining momentum and reaching a late high of $19,707, BTC breached the First Major Support Level (S1) at $19,136. BTC overcame the major resistance levels for the day to end the week at $19,585. Late support was provided by the Third Major Resistance Level (R3) at $19,515.


Demand for riskier assets was sustained by investors' response to Friday's less aggressive Fed comments. The likelihood of rate increases in November and December was 87.5% and 48.7%, respectively, according to the FedWatch Tool this morning. The probability of a 75-basis point increase in December was 69.8% a week ago.


Interest will be generated by the preliminary October private sector PMIs for the US. Bets on a 75-basis point Fed rate rise in December might be revived by an uptick in service sector activity and employment throughout the private sector.


The NASDAQ 100 Mini was up 112 points this morning, reflecting a positive start to the week.

Fear and Greed Index Drops to 22/100 Although BTC had a bullish session

The Fear & Greed Index decreased from 23 to 22 today. Despite the robust Sunday session for Bitcoin and the larger crypto market, the decline further into the Extreme Fear zone nevertheless occurred.


Although odds of a 75 basis point Fed rate increase in December have decreased, the Ukraine crisis and the Fed's monetary policy continue to produce economic uncertainty. Today's investors will also be put to the test by US economic figures.


However, crypto-friendly statistics ought to encourage a return of the Index to the Fear region.


The Index will need to keep avoiding sub-20/100 for the bulls to justify a change in mood. However, a decline to below 20/100 would indicate a BTC decline to below $18,000.


Suggestion