The last time that the Federal Reserve began a rate hike cycle was on December 16, 2015. The mainstream media is afraid to talk about what happened to gold vs. Bitcoin vs. stocks during the following months.
Between December 16, 2015 when the Fed began hiking rates and March 10, 2016: gold gained by 21.27%, the S&P 500 declined by 2.56%, the NASDAQ declined by 6.80%, and Bitcoin declined by 8.81%.