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On September 21st, Zhuhai was forecast to experience continued rainfall, with occasional heavy rain accompanied by brief periods of strong winds and thunderstorms, due to the northward movement of thunderstorm clouds from the sea. The Zhuhai Meteorological Observatory issued a city-wide yellow warning for heavy rain at 8:10 a.m. on September 21st. A yellow warning for thunderstorms and strong winds remains in effect. The Zhuhai Flood Control and Flood Prevention Headquarters has immediately activated a Level IV emergency response for flood control (rainstorm prevention). Please take precautions. Furthermore, considering the potential severe impact of Typhoon No. 18, "Halal," on Zhuhai, the Zhuhai Flood Control and Flood Prevention Headquarters has decided to activate a Level IV emergency response for wind prevention starting at 10:30 p.m. on September 20th. The Zhuhai Meteorological Observatory predicts that from the 21st to the 23rd, Zhuhai will be primarily affected by the typhoons outer periphery, resulting in sunny and hot weather with highs reaching 35°C. However, strong winds and heavy rain will occur from the night of the 23rd to the 25th.September 21st news: On the morning of September 21st, the Hong Kong Observatory issued a yellow rainstorm warning.US President Trump: Action will be taken soon on Chicagos crime problem.On September 21, Trump threatened that "bad things" would happen if Afghanistan did not return control of Bagram Air Base to the United States. When asked whether he would send US troops to retake the base, Trump refused to answer directly, saying: "Were not going to talk about that." "Were negotiating with Afghanistan right now, we want to take it back, we want to take it back as soon as possible, right away. If they dont do it, you know what Im going to do." He told reporters at the White House.Heathrow Airport: Efforts are continuing to address and restore the impact of Fridays Collins Aerospace system outage, which affected check-in services. Working with airlines, the vast majority of flights continue to operate as normal.

Crypto Market Daily Highlights – BNB and SOL Buck the Top Ten Trend

Cory Russell

Oct 31, 2022 15:41

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The crypto top 10 had a choppy Sunday session. The top ten trend was defied by solana (SOL) and binance coin (BNB). BTC saw its first negative session in three sessions despite avoiding the sub-$20,000 level for a fifth straight day.


The Sunday dip was probably caused by profit-taking as there was no cryptocurrency event for investors to consider.


Although the week was positive due to expectations of a December Fed turnaround, market jitters may develop before of Wednesday's FOMC interest rate decision and the crucial press conference by Fed Chair Powell.


The markets continued to factor in a 75-basis point Fed rate increase this morning. Nevertheless, there is still ambiguity about the Fed's December intentions. Labor market conditions, personal spending, and Q3 GDP data imply greater front-loading whereas private sector PMIs, housing data, and consumer confidence data indicate a less hawkish Fed.


The likelihood of rate increases in November and December, according to the FedWatch Tool, are 80.3% and 44.3%, respectively. The probability of a 75-basis point increase in December was 45.6% a week ago.


The NASDAQ 100 and cryptocurrency markets' sensitivity to US economic data and the FED maintains their short-term link. The NASDAQ 100 Mini was down 52.5 points this morning.


Bitcoin Market Declines As investors lock up profits, there is a shortfall of $1 trillion.


The cryptocurrency market increased to a mid-morning high of $996.5 billion after a rocky start to the day. The crypto market, however, dropped to a low of $962.3 billion following a downturn in the late morning and a negative afternoon.


Late support reduced the shortfall to $9.2 billion as the cryptocurrency market cap concluded the day at $972.4 billion. The crypto market increased by $74.1 billion over the course of the week despite the Sunday drop.


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