Under the Federal Reserve's hawkish signals, BTC declined by 4% without a bottoming out, while gold rebounded in a V-shape— the divergence between risk assets and safe-haven assets is becoming more interesting.

CryptoWorld News reports that, according to CryptoQuant analyst Axel Adler Jr., the Federal Reserve maintaining interest rates unchanged and the dot plot leaning hawkish caused Bitcoin to drop about 4% from $66,400 to $63,870, with increased trading volume and no signs of dip-buying. Gold fell to around $4,220 before quickly rebounding above $4,300. Bitcoin, as a risk asset, absorbed the Fed's hawkish signals, while gold demonstrated defensive asset demand.