$BTC and Gold Surge Ahead of Fed Decision as Global Tensions Mount


Gold advanced 0.7% to $3,357 while $BTC hovered near $97,500 as investors positioned ahead of the Federal Reserve's policy announcement.


The Federal Open Market Committee is expected to maintain interest rates at 4.25%-4.50% when it concludes its meeting Wednesday.


Markets are watching Chair Jerome Powell's remarks for shifts in tone following signs of persistent #inflation and softening consumer demand.


Meanwhile, tensions in the Middle East are escalating, adding to global uncertainty.


U.S. trade policy took a hawkish turn with President #Trump announcing proposed levies on foreign pharmaceuticals and media, stoking concerns of retaliatory action.

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May 07, 2025 at 11:45 AM
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