Bitcoin pushes for $98K as 2025 Fed rate cut odds flip ‘pessimistic’

Bitcoin bulls keep up pressure on multimonth highs with volatility spiking and the Fed due to deliver hints as to its stance on interest rate policy.

Key points:

Bitcoin and gold trade in lockstep on low timeframes as macro volatility triggers heighten.

The Federal Reserve interest rate decision and news conference are just hours away.

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