Fed Pauses Interest Rate Hikes For Now In Apparent Boon For Bitcoin and Alternative Assets

 
 

As of the 11/1/2023 Fed meeting, the central bank has declined to further raise interest rates and is extending its rate hike pause, although it is open to doing so in the future if economic winds necessitate such a move.

As explained on today’s TikTok update — although not financial advice or expert counsel of any kind — this rate ceiling may move investors’ interest, and money, back into alternative assets such as Bitcoin, silver, and gold.