• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
A Reuters poll of 13 economists predicts that the Hungarian central bank will keep its benchmark interest rate unchanged at 6.5% next Tuesday.On November 14th, Hungarian Prime Minister Viktor Orbán stated on Friday that the US government would support Hungary if the forint were attacked by speculators. Orbán has repeatedly mentioned potential US aid since his meeting with Trump last week. While the forint has been volatile during Orbáns 15-year tenure, the currency is currently near its highest level against the euro in a year and a half. Orbáns comments are likely to attract attention given the generally positive market sentiment, as the prime minister is increasing spending in an effort to regain public support ahead of the elections next April. Orbán stated that the government and central bank could use various types of mutual assistance tools regardless of market volatility, but he did not elaborate. The US has not yet confirmed any agreement regarding financial assistance.Google (GOOG.O) plans to appeal the European Commissions ruling on advertising technology and has stated that it does not agree with the decision.On November 14th, Orbbec announced that its 3D visual perception technology can accurately capture three-dimensional spatial information. Combined with its self-developed algorithms, it empowers various AI smart terminals with core capabilities such as environmental perception, intelligent interaction, and dynamic navigation. Furthermore, the company launched its independent chip R&D program in its second year of operation and has completed the tape-out of more than 10 chips to date, covering iToF, dToF photosensitive chips, and dedicated ASIC computing chips.On November 14th, the State Financial Regulatory Commission released key regulatory indicators for the banking and insurance sectors in the third quarter of 2025. Among these, at the end of the third quarter of 2025, the liquidity coverage ratio of commercial banks was 149.73%, up 0.48 percentage points from the end of the previous quarter; the net stable funding ratio was 127.67%, up 0.08 percentage points from the end of the previous quarter; the liquidity ratio was 80.10%, up 0.21 percentage points from the end of the previous quarter; the excess reserve ratio for RMB was 1.53%, up 0.01 percentage points from the end of the previous quarter; and the loan-to-deposit ratio (RMB domestic caliber) was 80.46%, up 0.11 percentage points from the end of the previous quarter.

Despite Bearish BTC Session, BTC Fear & Greed Index Avoids Sub-30

Daniel Rogers

Nov 08, 2022 16:18

 截屏2022-11-08 下午4.10.25.png

 

Bitcoin (BTC) declined by 1.54% on Monday to end the day below $21,000 for the second consecutive session. BTC and the broader market dissociated from the NASDAQ Composite Index, as crypto investors await the US CPI report this week. The Bitcoin Fear & Greed Index decreased from 33/100 to 31/100 as the bearish BTC session weighed on the index.

 

Bitcoin (BTC) decreased by 1.54% on Monday. Sunday's closing BTC price was $20,609, following a 1.79% fall. Notably, Bitcoin closed the day for the second consecutive session below $21,000.

 

BTC reached a day's early high of $21,083 despite a shaky start. BTC reached a late-day low of $20,421 after failing to surpass the First Major Resistance Level (R1) at $21,240. Before partially recovering to $20,609, BTC fell through the First Major Support Level (S1) at $20,762 and the Second Major Support Level (S2) at $20,592.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads beginning at 0 pips and commissions of $3.50 every 100k traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

A lackluster economic calendar in the United States hindered BTC. This week, US inflation, retail sales, and consumer sentiment data will impact market sentiment towards the US economy and a December Fed turn.

 

However, the NASDAQ Composite Index increased by 0.85% on Monday, as optimism surrounding the US midterm elections provided support. Later today, the US economic calendar will feature another day of inactivity, leaving investors in suspense as the attention remains on the midterm elections. The NASDAQ mini was up 15.5 points this morning.