Degen

Gold and Bitcoin prices rose ahead of the Federal Reserve’s interest rate decision. On Tuesday, gold rose 0.7 percent to $3,357 an ounce, while Bitcoin remained around $97,500.

Investors have been flocking to safe havens as geopolitical tensions in the Middle East and the Trump administration’s new trade policies have raised concerns about the future of global trade.

The Federal Reserve is expected to keep interest rates steady in a range of 4.25 percent to 4.50 percent, but markets are looking ahead to Fed Chairman Jerome Powell’s tone on inflation and future policy.

The gold and cryptocurrency markets have been buoyed by reports of investment in Bitcoin exchange-traded funds (ETFs) and demand for safe haven assets like gold.