Fed Pauses Rate Hikes, Gold Hits All-Time High
- The Federal Reserve held interest rates steady.
- The Fed reduced its Treasury redemption cap.
- Gold reached a record high of $3,038 per ounce.
- Geopolitical tensions and uncertainty influenced gold prices.
- XRP saw increased bullish activity following an SEC decision.
This week, the Federal Reserve maintained its interest rates while reducing the Treasury redemption cap. Meanwhile, gold prices soared to an unprecedented $3,038 per ounce amid rising geopolitical tensions. Additionally, XRP experienced a bullish trend after a favorable SEC decision.
Source (2.6)https://news.bitcoin.com/fed-pauses-rate-hikes-gold-hits-all-time-high-and-more-week-in-review/?rand=52384