
Fed Holds Rates Steady at 3.5%-3.75%, Crypto Markets React Mutedly Amid Hawkish Dissent and Geopolitical Tensions
The Federal Reserve kept interest rates unchanged at 3.5%-3.75%, meeting expectations. Bitcoin and Ethereum each dropped about 1% post-announcement. The decision, marked by hawkish dissent and influenced by geopolitical tensions (including an Iran attack), leaves a potential September rate hike on the table due to persisting inflation above the 2% target.














