Data: The Federal Reserve maintains a hawkish pause, bitcoin falls below $64,000, gold rebounds and strengthens
ChainCatcher reports that CryptoQuant analyst Axel Adler Jr. stated that the Federal Reserve has kept the federal funds rate unchanged in the 3.5% - 3.75% range, but the dot plot delivered a hawkish signal, weakening support for risk assets.
As a result, Bitcoin fell about 4% from around $66,400 and broke below $64,000, with no significant dip-buying observed for now; meanwhile, gold quickly rebounded above $4,300 after a decline.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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