After weeks at the top of the Sentry list at the Center for Near-Earth Object Studies, the asteroid 2024 YR4 is no longer considered a threat to Earth.

Scientists have finally given the all-clear to Earth from a newly discovered asteroid. After two months of observations, scientists have almost fully ruled out any threat from the asteroid 2024 YR4, NASA and the European Space Agency said Tuesday.

The chances of asteroid 2024 YR4 hitting our planet are now zero. Last week, it was the riskiest asteroid to hit our planet since records began.

The likelihood of asteroid 2024 YR4 hitting Earth in 2032 rose and fell last week. NASA's impact odds are now so slim that the asteroid is no longer a hazard on the Torino asteroid scale.

Scientists from NASA and ESA have almost completely dismissed the threat from the asteroid 2024 YR4. There were initial concerns that it might collide with Earth. The likelihood of such an event was as high as 3 per cent.