Part 2/11:
The Fed’s decision was met with immediate volatility across asset classes. While traditional markets displayed mixed reactions—Dow Jones closing higher, yet NASDAQ and S&P 500 dipping—the reaction in gold and crypto was more pronounced. Gold surged to nearly $3,700 per ounce, reflecting investor flight to safety amid declining real yields. Meanwhile, Bitcoin demonstrated its characteristic volatility: its price shot upward, then dipped, moved sideways, and ultimately ended close to unchanged for the day, hovering near the crucial $118,000 level.