The FOMC voted 9-3 to keep rates at 3.5%-3.75%, with three dissenters pushing for a hike, and crypto markets barely flinched. On July 29, the FOMC voted to hold the federal funds rate at 3.5%-3.75%, the fifth consecutive meeting without a change. He’s committed to a strict 2% inflation target with no soft thresholds. What crypto markets did (and didn’t do)Bitcoin was trading near $64,000 before the announcement and dipped to approximately $63,890 afterward. By then, the committee will have two more months of inflation data, plus any developments in global energy markets.