• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
US officials say Hamass disarmament plan will be launched in the coming weeks.Microsoft (MSFT.O) shares closed up 15.5% on Thursday, marking the companys fourth-largest single-day gain and the largest single-day market capitalization increase in U.S. stock history. Investors welcomed its strong earnings report, breaking the recent generally sluggish market sentiment towards artificial intelligence-related companies. The stocks year-to-date decline narrowed to 5.8% from approximately 19.3% at Wednesdays close. Data analysis shows that this surge added $450 billion to Microsofts market capitalization, surpassing Nvidias $440 billion single-day gain on April 9, 2025, becoming the largest market capitalization increase in U.S. stock history.US President Trump: The Peace Committee has reached a historic agreement to completely disarm Hamas and all other armed groups in Gaza.Conflict Situation: 1. Russian Ministry of Defense: Russia launched a large-scale attack on Ukraine from the evening of the 29th to the early morning of the 30th. 2. Ukrainian officials: Russian missile and drone attacks killed at least eight people overnight. 3. Sources say the Russian Riyazan oil refinery ceased operations on Wednesday due to a drone attack. 4. Ukrainian military: The commander of the Ukrainian drone force stated that Ukrainian troops hit four Russian oil tankers in the Black Sea and the Sea of Azov. 5. Market news: Sources say Ukraine launched a drone attack on Russias Lukoil Perm oil refinery on Wednesday, causing a fire. 6. Market news: Agricultural market sources say a Ukrainian drone attacked a grain export terminal at the Russian port of Taman, causing significant damage. 7. According to CGTN: Local power plant officials stated that a drone belonging to the Ukrainian armed forces attempted to attack critical infrastructure at the Zaporizhia nuclear power plant. 8. Russian Ministry of Defense: Russia seized Chernyshevka in the Donetsk region, Malaslobidka and Mokhlitsia in the Sumy region, and Yurchenkov in the Kharkiv region. 9. Ukrainian President Zelensky: Kyiv and several other locations were attacked overnight. Russia used over 70 missiles and more than 280 attack drones in the attack. Over 260 drones were intercepted. Other developments: 1. Russia extends fuel export ban for 6 months. 2. Polish Prime Minister Tusk: Poland may consider providing Patriot missile interceptors to Ukraine. 3. Central Bank of Ukraine: Russian attacks on Ukrainian port infrastructure will result in a $2.5 billion loss of foreign exchange earnings. 4. EU: Has allocated €3.47 billion to Ukraine; the latest funds will be used for drones, missiles, air defense systems, and fighter jets. 5. Ukrainian President Zelensky: Signed a decree appointing Oleksiy Sobolev as Deputy Chief of Staff of the Presidential Office. 6. Latvian Ministry of Defense: Representatives of Ukraine and Latvia signed a memorandum of understanding in Riga on cooperation in the development, production, and testing of unmanned systems. 7. Market news: Sources say Russian oil exports through western ports in July are expected to decline by about 4% compared to June, as the Ukrainian attacks reduced shipments to the Black Sea.Vale (VALE.N) expects its nickel production to be between 185,000 and 200,000 tons in 2026, up from its previous forecast of 175,000 to 200,000 tons.

ETH and BTC Price Movement Determined by US Statistics and the NASDAQ

Daniel Rogers

Nov 04, 2022 17:36

截屏2022-11-04 上午11.21.34.png 

 

On Thursday, Bitcoin (BTC) and Ethereum (ETH) joined the larger market in the green. Despite Fed Chair Powell's hawkish speech on Wednesday, US economic indicators fell short of forecasts, alleviating Fed concern. The technical indications continue to be optimistic, indicating rising price movements. The price of Ethereum (ETH) increased by 0.86 percent on Thursday. ETH finished the day at $1,531, partially correcting a 3.80% drop from Wednesday.

 

Due to a rocky start to the day, ETH fell to a low of $1,515 early on. Avoiding the First Major Support Level (S1) at $1,475, ETH climbed to a morning high of $1,559. However, after falling short of the First Major Resistance Level (R1) at $1,593, ETH plummeted further below $1,530 before US economic indicators provided support.

 

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.

 

Bitcoin (BTC) climbed by 0.29% on Thursday. BTC concluded the day at $20,223, partially reversing a loss of 1.63% from Wednesday. Notably, BTC broke a four-day losing trend by avoiding sub-$20,000 territory for the ninth consecutive day.

 

BTC reached a mid-morning high of $20,404 after a strong start to the day. BTC plummeted to a midday low of $20,052 after failing to surpass the First Major Resistance Level (R1) at $20,629 during the trading session. Despite avoiding the First Major Support Level (S1) at $19,900, BTC retested $20,356 before retreating.

 

US economic figures supported cryptocurrency prices, with the crucial ISM Non-Manufacturing PMI below expectations.

 

The ISM Non-Manufacturing PMI decreased from 56.7 to 54.4 in October. Economists anticipate a drop to 55.5.

 

The subcomponents of the Index were diverse. ISM's Non-Manufacturing Employment Index decreased from 53.0 to 49.1. The Prices Index increased from 68.7 to 70.7. The unit labor costs increased by 3.5% in Q3 compared to 8.9% in Q2.

 

While the statistics were favorable for cryptocurrencies, Fed Chair Powell's recent comments weighed on the NASDAQ Composite Index. The NASDAQ Composite Index declined by 1.73 percent on Thursday.

 

The US jobs report will have a significant impact on the NASDAQ Composite Index and the cryptocurrency market today. Due to the sensitivity of BTC and ETH to US economic statistics and the FED, the correlation with the NASDAQ Composite Index remains intact. The NASDAQ 100 Mini gained 17.75 points this morning.