Bitcoin Slips to $83K as Gold Surges Past $3K Ahead of FOMC Decision

-

Bitcoin has dropped 0.2% to around $83,000 amid a broader crypto market dip, with SOL, XRP, and Dogecoin also declining, as gold rallies past $3,000 per ounce and markets await the FOMC decision on March 19, 2025.

Despite its historical correlation with gold as a macro hedge, Bitcoin’s current divergence—falling while gold rises—suggests it’s acting more like a risk asset, influenced by Fed policy uncertainty, profit-taking, and a shift to traditional safe-havens.

The FOMC outcome could either trigger a recovery if dovish or deepen the correction if hawkish, with Bitcoin’s short-term trajectory tied to broader economic signals rather than solely reinforcing its “digital gold” role.

Ryan Lee, Chief Analyst at Bitget Research

Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

LATEST POSTS

Bitget CEO predicts Ethereum breaking new ATHs $5200 range

Bitcoin is expected to trade in the $110,000–$120,000 range over the next one to two weeks, while Ethereum looks stronger, with targets between $4,600 and...

Kanye West’s YZY Memecoin Peaks at $3B

Kanye West’s launch of the YZY memecoin on Solana has grabbed headlines, racing to a $3 billion peak before cooling off almost instantly, a dramatic...

Fear Spikes in Bitcoin Options as Macro Tensions Surge, but Historical Patterns Favor a Bounce

Amid the latest pullback, Bitcoin dipping below $113,000 reflects more than just a trend reversal; it’s a snapshot of rising nerves in the market. Traders are...

Ethereum’s ERC-8004 Sets Stage for AI-Powered Trustless Agents in Web3

Ethereum is making a bold leap into the future with its proposed ERC‑8004 standard "Trustless Agents" designed to empower autonomous, AI-driven applications that can collaborate...

Most Popular

Guest posts