Bitcoin bulls are targeting a breakout toward $94K as traders brace for a crucial FOMC meeting widely expected to deliver a rate cut, potentially injecting fresh momentum into the crypto market.
The Federal Reserve has cut its benchmark interest rate by 25 basis points to a range of 4.25%-4.50%, signaling a shift in monetary policy as it ends its tightening cycle and responds to slowing economic momentum.
Gold defies expectations, climbing steadily despite a September rate cut as investors seek safe haven amid market volatility; tightening supply and sustained demand bolster prices, challenging traditional rate-price dynamics.