Bitcoin attempts to reach $98,000 as prospects for a Fed rate cut turn pessimistic. The Federal Reserve's interest rate decision and press conference are just hours away. KEY POINTS:

Bitcoin and gold are trading in lockstep on lower timeframes as macro volatility triggers increase.

The Federal Reserve's interest rate decision and press conference are just hours away.

Market sentiment for rate cuts in 2025 declines sharply ahead of the FOMC meeting.