CryptoQuant, a cryptocurrency analysis firm, released its weekly market report on the 29th. As of that date, inflows to exchanges were at low levels, and there was no rush to sell, indicating that the market has factored in the expectation of steady interest rates at the FOMC meeting.
In fact, at the July FOMC meeting, the Federal Reserve maintained the federal funds rate at 3.50 to 3.75%. However, the vote was 9 to 3, with three regional Federal Reserve Presidents...