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Israeli Prime Minister Benjamin Netanyahu: Iran intended to attack us with missiles. If we hadnt acted in time, we wouldnt be here today.June 8th - The U.S. Department of Transportation stated on Monday that rising jet fuel prices, influenced by the situation in the Middle East, caused U.S. airlines fuel costs in April to surge 78% year-over-year, reaching nearly $6.5 billion. The Department of Transportations monthly report stated that airline fuel costs rose 26% from March, while fuel consumption in April decreased by 2.6% compared to March. The Department of Transportation added that the cost per gallon of fuel in April was $4.11, an increase of $1.81 from April 2025, a trend that has already impacted the industry. The International Air Transport Association (IATA) predicts that airline fuel expenditures will surge from approximately $252 billion in 2025 to approximately $350 billion this year, with fuel costs accounting for nearly one-third of operating costs.The Nasdaq 100 index extended its intraday gains to 2.5%. Marvell Technology (MRVL.O) is currently up 13.56%, Intel (INTC.O) is up 12.6%, and SanDisk (SNDK.O) is up 7.25%.The New York Fed reported that household concerns about their finances intensified in May, with the proportion of households believing their financial situation was much worse than a year ago rising to its highest level in nearly four years.The New York Fed: In May, expectations for home price increases over the next year jumped to 3.5%, the highest level since July 2022.

ETH Fails to Make a Move ahead of Testnet Launch with Powell in Focus

Skylar Shaw

Feb 02, 2023 15:49

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Tuesday, Ethereum (ETH) increased by 1.21%. ETH concluded the month up 32.64% at $1,585, partially correcting a 4.80% decline from Monday.


ETH dropped to a low of $1,561 in the middle of the morning after a mixed morning. The First Major Support Level (S1) around $1,518 was avoided, and ETH climbed to a high of $1,605 in the late afternoon. ETH slipped down to close the day at less than $1,600 after failing to reach the First Major Resistance Level (R1) at $1,631.


Bitcoin (BTC) increased by 1.34% on Tuesday. BTC closed the month up 39.67% to $23,135 after somewhat rebounding a 3.86% decline from Monday. The month of BTC was the greatest since October 2021.


As the day got off to a mixed start, BTC dropped to an early low of $22,730. BTC rose to a late high of $23,297 while avoiding the First Major Support Level (S1) at $22,292. BTC pulled slightly after falling short of the First Major Resistance Level (R1) at $23,577 to conclude the session at $23,135.