Bitcoin (BTC) recovered near its 2021 high as the Federal Reserve maintained a hawkish stance on interest rates. Gold fell to six-week lows amid the Fed's decision. Powell emphasized that further rate cuts depend on inflation progress. BTC price stabilized in a range defined by the 2021 peak and recent lows. Analysts suggest a weekly close above $75,000 could signal bullish momentum.
BTC/USD remains within a narrow trading range as gold and other risk assets face selling pressure due to the Fed's policy.