EUR/USD 1.17971
-0.080%
Gold 4914.62
-1.028%
Oil 63.721
-0.796%
USD/JPY 156.796
-0.050%
GBP/USD 1.36374
-0.108%
GBP/JPY 213.834
-0.135%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
February 5th - Following WeChats blocking of its own Tencent Yuanbao red envelope links, Baidus Wenxin Assistant red envelope sharing links have also been blocked by WeChat. The page displays a message stating that the webpage contains content that induces or misleads downloads/redirects users, requiring them to access it through a third-party browser. After being blocked by WeChat, Baidu has switched to distributing red envelopes via "password red envelopes," requiring users to manually copy the password into the Baidu app to participate. As of press time, Baidu has not responded.According to The Information, OpenAI is hiring hundreds of "frontier deployment engineers" to win business from large enterprises.Japanese Prime Minister Sanae Takaichi: TSMCs (TSM.N) Kumamoto chip factory has a huge economic impact, and we hope to establish a win-win cooperative relationship with TSMC.Japanese Prime Minister Sanae Takaichi: 3-nanometer chips used in autonomous vehicles and robotics are of great significance to economic security.February 5th - The State Council Taiwan Affairs Office held a regular press conference on February 5th. On February 4th, President Xi Jinping spoke with US President Trump by phone, emphasizing that the Taiwan issue is the most important issue in China-US relations. In response, spokesperson Chen Binhua stated that President Xi Jinpings important speech clarified Chinas solemn position on the Taiwan issue and provided fundamental guidance for our work on Taiwan. Taiwan is Chinas territory, and the Taiwan issue is the core of Chinas core interests and the first inviolable red line in China-US relations.

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.

 

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 as low as 0 pips and a commission rate of $3.50 per 100,000 USD traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. Spreads for index CFDs 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.

 

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.


Suggestion