Recent observations show that the probability of asteroid 2024 YR4 hitting the Earth has dropped to just 0.16 percent.The asteroid, estimated to be between 130 and 300 feet in size, would impact the Earth with about 7.7 megatons of energy.The new trajectory estimates come from new observations made after a week of limited visibility.Although the odds of the asteroid hitting the Earth have decreased, the chances of it impacting the moon have increased to one percent.