No rate hike today means borrowing costs stay flat, risk appetite doesn’t immediately crater, and speculative assets like Bitcoin get a little breathing room. Futures markets are already pricing in a 75-80% chance of a rate hike at the September meeting. Related: Pound Holds at $1.32 as Forex Traders Freeze Before Fed Rate CallSo the crypto market is basically caught between two narratives right now. Hub: Bitcoin price, news, and analysisFrequently Asked Questions What interest rate did the Fed hold on July 29, 2026? The Fed kept its benchmark rate range at 3.50% to 3.75%, marking the fifth straight meeting with no change, decided by a 9-3 vote.