Fed Chairman Powell stated on July 30 that the central bank has not yet decided on the interest rate for September because it will not make a decision prematurely. The Fed will consider all information when making a decision at the September FOMC meeting. However, President Trump told reporters, "I heard they plan to do it in September, not today." The Fed did keep the interest rate unchanged at 4.25%-4.50% and did not hint at a rate cut in September. The crypto market reacted very sharply to the latest developments, with the vast majority of leading crypto assets falling by 1%-4% within an hour after the Fed's decision. Bitcoin fell by 1.66% to $115,900.36, Ethereum fell by 3.27% to $3,688, XRP fell by 3.40% to $3.02. BNB also fell by 2.31% to $773.54, SOL fell by 3.36% to $173.39, and DOGE fell by 4.17% to $0.2127.

TRUMP1.54%
BTC0.05%
ETH1.06%
XRP-0.32%
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PurpleRiceMarshmallowvip
· 07-31 12:20
Hold on tight, we're about to To da moon 🛫
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