Bitcoin and gold rally despite hawkish Fed
- —Market prices Fed rate at 4.50–4.75% by April
- —A 25 bps December hike is nearly fully priced in
- —US-China presidential meeting set for September 24
- —Crypto gains also supported by tokenization and US bitcoin reserve progress
Why it matters: Bitcoin and gold rising alongside a strong dollar signals demand for protection against fiat debasement and may foreshadow a dollar correction.
Source: Comparic