US Fed Holds Rates — Bitcoin Stays Near $64K, S&P 500 Posts Worst-Ever ‘Fed Day’ Reaction

We break down the Fed’s latest rate decision — and how it affected digital assets and broader financial markets. The Federal Reserve held its key rate at 3.5-3.75% for the sixth consecutive meeting.

The decision passed nine votes to three–Beth Hammack, Neel Kashkari, and Lori Logan dissented, calling for a 25-basis-point hike. That’s the sharpest FOMC split since September 2016, CNBC reports.

Hot topic: Kraken Warns Bitcoin Faces 48-Hour News Grinder Crypto markets barely moved on the news. Bitcoin (BTC) continues to trade near $64,000, down 0.5% on the day. The S&P 500 fell roughly 1.5%, the Nasdaq 1.7%, and the Dow Jones 2.19%.

For the S&P 500, it was the worst-ever performance on a second “Fed day” under a new chair in modern history. BTC Price Movement Over 24 Hours, as of July 30, 2026. Source: CoinGecko.