$BTC

Gold and Bitcoin (BTC) both strengthened ahead of the interest rate decision to be announced by the central bank of the United States (US), the Federal Reserve (The Fed), each touching levels of US$3,357 and US$97,709.

The Fed is expected to maintain interest rates at 4.25%-4.50% on Thursday (08/05) early morning. So, are both assets highly dependent on The Fed's policies?