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On September 20th, the plenary session of the 2026 International Biomedical Industry Innovation Beijing Forum was held in the Beijing Economic-Technological Development Area on September 19th. The forum, themed "Gathering Global Innovation, Exploring the Frontiers of Life," released a number of the citys latest achievements in the pharmaceutical and healthcare industry. At the forum, Beijing announced 12 key projects to be launched in 2026, eight of which are located in the Beijing Economic-Technological Development Area, covering various types including regional headquarters, strategic emerging industry headquarters, and R&D and industrialization bases.September 20th - Parliamentary elections were held in the German states of Berlin and Mecklenburg-Western Pomerania on the 20th. According to German sources, opinion polls indicate that German Chancellor Merz faces "another painful day" following the landslide victory of the far-right Alternative for Germany (AfD) party in Saxony-Anhalt two weeks ago. Merzs Christian Democratic Union (CDU) suffered a crushing defeat in the Saxony-Anhalt state elections on the 6th, with its vote share plummeting to around 17%; the AfD won approximately 44% of the vote, becoming the largest party in the state. In Mecklenburg-Western Pomerania, the CDU may suffer an even greater setback. A poll conducted by German television channel ZDF on the 17th showed that the CDUs support in Mecklenburg-Western Pomerania was only 6%, slightly above the 5% threshold for a party to enter the state parliament. German sources say that if the CDU fails to reach 5% of the vote, it will be a "nightmare" for the CDU and could be the final straw for Merz.On September 20, according to the Ministry of Human Resources and Social Security, the State Council appointed and removed several state personnel. Yu Xiaohui was appointed Vice Minister of Industry and Information Technology; Pan Wenbo was appointed Vice Minister of Agriculture and Rural Affairs; Li Chenggang was appointed Chinas Representative for International Trade Negotiations (at the ministerial level); Ling Ji was appointed Vice Representative for International Trade Negotiations; Cai Dong was appointed Deputy Director of the State Financial Supervision and Administration Bureau; Zhang Yongjun was appointed Deputy Director of the State Internet Information Office; Zhang Xiaotang was appointed Deputy Director of the State Tobacco Monopoly Administration; and Liu Zhen was appointed Deputy Director of the State Administration of Traditional Chinese Medicine. Xu Aosen was removed from his post as Vice Minister of Education; Hu Weilie was removed from his post as Vice Minister of Justice; Niu Yibing was removed from his post as Deputy Director of the State Internet Information Office; and Liao Zhiwei was removed from his post as Director of the Yangtze River Water Resources Commission.Ukrainian President Zelensky: This week alone, Russia has launched more than 2,000 attack drones at us, most of which are jet-powered drones, while also dropping 1,700 aerial bombs and launching 19 missiles of different types.September 20 - According to the Japan Meteorological Agency, a 5.0-magnitude earthquake struck off the coast of Amami Oshima at approximately 4:28 p.m. local time on the 20th. The earthquake had a depth of 60 kilometers and the strongest tremor was felt at an intensity of 3.

BTC Fear & Greed Index Maintains Stability Despite Bitcoin's Return to $21,000

Daniel Rogers

Oct 31, 2022 16:35

截屏2022-10-31 下午4.08.57.png 

 

Bitcoin's (BTC) price increased by 1.08% on Saturday, ending the day at $20,833. Notably, BTC has reached $21,000 twice since September 13. Following the release of US economic data on Friday, market expectations of a December Fed pivot continued to be supported. The Bitcoin Fear & Greed Index remained unchanged at 34/100 as Fed anxiety diminished.


Bitcoin (BTC) climbed by 1.08% on Saturday. BTC concluded the day at $20,833 after a 1.53% increase from Friday. Notably, BTC closed the day at $20,000 for the fifth consecutive session, and for the second time since September 13 it reached $21,000.

 

BTC fell to a morning low of $20,576 following a mixed start to the day. BTC rose to a late-morning high of $21,094 without touching the First Major Support Level (S1) at $20,174. BTC surpassed the First Major Resistance Level (R1) at $20,908 before retreating to finish the day below $20,900.

 

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The rebound to $21,000 illustrates the ongoing shift in market sentiment towards Federal Reserve monetary policy.

 

The August US CPI report put Bitcoin and the broader market into a downward spiral on September 13. This week, the expectation of a Fed turnaround in December has provided market support. The Fed's influence on BTC is likely to persist in the near future, maintaining the correlation with the NASDAQ.