Gold and Bitcoin Rise Amid Fed Decision and Global Tensions
- Gold increased by 0.7% to $3,357 per ounce as of Tuesday.
- Bitcoin traded near $97,500, close to February highs.
- The Federal Reserve is expected to maintain interest rates at 4.25%–4.50%.
- Middle East tensions and new U.S. tariffs have heightened market caution.
- U.S. gold futures rose by 1.3%, influenced by Chinese investor activity.
As investors await the Federal Reserve’s policy announcement, gold prices rose to $3,357 per ounce, while Bitcoin remained steady at approximately $97,500 amid geopolitical tensions and trade uncertainties.
Source (2.6)https://decrypt.co/318246/bitcoin-gold-rise-investors-fed-decision-global-tensions?rand=52368