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

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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.

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