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Russias Ministry of Emergency Situations announced that four people, including two children, died in a fire at a gas station in Grozny, the capital of the Chechen Republic of Russia. The Russian Ministry of Emergency Situations pointed out that the fire has now been extinguished.Ukraines state-run gas transport company TransGas said the volume of Russian natural gas flowing through the Sudzha border crossing was 41.9 million cubic meters on October 13 and 42.3 million cubic meters on October 12.According to Irans Press TV: UN forces reported that the fifth peacekeeper was injured in the Israeli attack on Lebanon.On October 12, according to the official news of Hongmeng Zhixing, during the National Day holiday (October 1-7), the new mileage of intelligent driving reached 76,644,411 kilometers, accounting for 41.5% of the mileage (according to the official calculation based on the mileage of intelligent driving and the mileage of human driving), and the number of intelligent driving users reached 243,108. From October 1 to 8, the total number of orders for the entire Hongmeng Zhixing series exceeded 32,500.According to NBC News: U.S. officials believe Israel has narrowed its target list against Iran.

Crypto Market Daily Highlights – DOGE Hits Reverse in a Mixed Session

Cory Russell

Nov 04, 2022 16:33

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The top 10 cryptocurrency exchanges had a choppy Thursday session. Dogecoin (DOGE), BNB, and XRP all found support as the price fell. BTC broke a four-day losing trend and continued to stay over $20,000.


US economic figures were below forecasts, supporting the cryptocurrency market.


The ISM Non-Manufacturing PMI decreased from 56.7 to 54.4 in October. Analysts predict a drop to 55.5. The Index's sub-components were diverse. The non-manufacturing employment index for ISM dropped from 50.0 to 49.1. The Prices Index, however, increased from 68.7 to 70.7.


The unit labor cost data and other statistics, which were crypto-positive, contained unemployed claims. Initial unemployment claims decreased from 218k to 217k, while unit labor expenses increased by 3.5% in Q3, down from 8.9% in Q2.


The statistics supported the cryptocurrency market, while the NASDAQ Composite Index dropped by 1.73% as traders responded to Fed Chair Powell's comments.


The focus of today's late-day crypto market test will be the US employment data. Better-than-anticipated results would test consumer interest. The NASDAQ 100 Mini was down 12.75 points this morning.

Despite Weak US Economic Indicators, the Crypto Market Finds Support

The crypto market saw a bumpy day on Thursday, plunging to an early low of $944.0 billion and then recovering to a late-morning high of $974.4 billion. The market valuation for cryptocurrencies fell to $952.3 billion in the late morning, but before investors reacted to the ISM Non-Manufacturing PMI, the market cap rose to $966.1 billion before relaxing again.


The cryptocurrency market increased by $4.6 billion to close the day at $956.2 billion despite the late decline.

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