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

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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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