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

Altcoin Sell Pressure Hits Multi-Year Lows as Capital Rotates to Safety

Altcoin sell pressure sinking to a five-year low of –$209 billion, excluding Bitcoin and Ethereum, reflects more of a structural rotation than a synchronized exodus. What...

Ethereum’s On-Chain Strength vs. Price Lag Signals Structural Conviction

I view Ethereum’s price stalling near $2,050, even as staking surpasses 30% of total supply, as a classic divergence where on-chain conviction is strengthening while...

Institutional Validation Builds Long-Term Strength Despite Range-Bound Prices

We view these developments positively as they reflect growing institutional validation of blockchain’s role in real-world finance, reinforcing the broader maturation of the digital-asset ecosystem. Ripple...

Bitget’s Bet on Tokenized TradFi: Positioning for the Trillion-Dollar Migration

We see tokenization as the next structural wave in global markets. Today’s $2.4 trillion crypto market remains small relative to the nearly $900 trillion in traditional...
118FollowersFollow

Most Popular

Guest posts