In short
- Gold rose by 0.7% to $ 3,357, while Bitcoin fluctuated nearly $ 97,500 for the FED rate decision.
- A upcoming FED meeting is generally expected to be stable on Wednesday afternoon of 4.25% –4.50%.
- Unrest in the Middle East and new rates from the Trump era added to the demand for safe haven and caution for the market.
Gold prices extended the profits and Bitcoin hovered on Tuesday in February highs, while investors positioned themselves before the policy announcement of the Federal Reserve and fresh geopolitical and trade -related risks.
The Federal Open Market Committee is expected to keep the interest rates stable with 4.25% to 4.50% when it will be closed on Wednesday afternoon, American time.
Chairman Jerome Powell will give comments shortly thereafter, with markets looking forward to any leading attacks after recent signs of persistent inflation and mitigates the consumer’s question.
Prior to the decision, Spot increased by 0.7% to $ 3,357 per ounce, stimulated by the demand for safe port, according to data. Bitcoin was recently traded at $ 97,500 and held a company near the top of his recent trading range.
American Golden Futures also won 1.3%, with analysts quoting a return of Chinese Investors On the yellow metal next to central banks that want to reduce exposure to American assets, in particular the dollar.
In the middle east, a ballistic rocket fired by Houthi troops in Yemen on Saturday near the Ben Gurion Airport of Tel Aviv, in which he injured eight and briefly stops air traffic.
The incident meant a sharp escalation in regional hostilities and is in the midst of wider market discomfort.
Meanwhile, American trade policy took a ragged turn after President Donald Trump announced on the last few days proposed on foreign -produced medicines and media. The measures have produced the concern of retaliation actions and further disruptions of global trade flows.
Nevertheless, Bitcoin has benefited from both speculative streams and broader positioning on potential relaxation of financial circumstances later this year. The dominant crypto remains approximately 10% discount on its highest peak of $ 108,786 reached in January.
Markets will turn to the FED declaration and the Powell press conference for instructions or officials still expect to relieve the policy later this year – or or or sticky inflation and geopolitics hold the central bank longer.
“If the FED morning surprises with a few DOVISH tones, as well as guidance for tariff reductions in June, there is room for Bitcoin to return all the way to that level of $ 100,000, which remains a liquidity monitoring,” said Nic Puckrin, founder of the Cain Bureau, shared with shared shared. Decrypt.
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