Data Analysis
The release
Released by the Federal Open Market Committee on 29 July 2026 at 2:00 PM EDT. The Federal Open Market Committee held its target range for the federal funds rate at 3.50–3.75%.
How Ethereum moved
Ethereum was at $1,916.15 when the figure came out. Fifteen minutes later it was unchanged, and an hour later 0.23% higher. Its high-to-low range in the hour after was 2.16% of its price, against 1.19% in the hour before.
Measured by Clometrix
Ethereum's volatility ratio was 3.50x, against 4.18x for a typical Fed Interest Rate release since 2021. Its volume ratio was 6.64x, against a typical 7.50x. That is about what this release usually does. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.
What made it matter
Since 2021, Fed decisions that changed the rate have moved Ethereum more than those that held it: a median volatility ratio of 5.50x across 18, against 3.49x across 28. This one held it. Its own ratio of 3.50x compares with 3.49x for those, about what its circumstances would suggest.
Its record
Across 46 Fed Interest Rate releases since 2021, Ethereum's median volatility ratio is 4.18x.
What it means
Ordinary volatility after rate hold
Ethereum registered little movement once the Federal Open Market Committee left its target range at 3.50 to 3.75 percent. The coin traded at $1,916.15 at the 2:00 PM release, stayed flat fifteen minutes later and stood 0.23 percent higher after one hour. Its high-to-low range reached 2.16 percent of price in the following hour against 1.19 percent beforehand.
Clometrix measured Ethereum's volatility ratio at 3.50 times, below the 4.18 times median recorded across 46 Fed Interest Rate releases since 2021. Volume rose 6.64 times against a typical 7.50 times. The figures place the reaction squarely inside the event's ordinary band.
Rate holds have produced a median volatility ratio of 3.49 times for Ethereum since 2021, compared with 5.50 times when the committee changed the target. This release aligned closely with that hold-specific record.
Traders watching future statements may observe that unchanged decisions have coincided with milder price action than shifts, though the accompanying press conference and absence of projections remain part of the context for each instance.
About Federal Reserve Interest Rate Decision
The Federal Open Market Committee (FOMC) has eight regularly scheduled meetings each year, but they can meet more often if the need should arise. The meetings are not held in public and are therefore the subject of much speculation on Wall Street, as analysts attempt to predict whether the Fed will tighten or loosen the money supply with a resulting increase or decrease in interest rates.
Disclaimer
The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.
ETH-USDT
Ethereum
Open
1,912.53Close
1,906.3424h Change
-6.19 (-0.32%)24h High
1,935.6824h Low
1,872.0024h Volume
293,133 ETHUS Federal Reserve Interest Rate Decision
Federal Open Market Committee
29th July, 2026, 2:00PM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 1913.26 | 1917.29 | 1913.05 | 1916.16 | 0.15% | 0.22% | 781 ETH |
| During | 1916.15 | 1929.22 | 1915.19 | 1923.80 | 0.40% | 0.73% | 6,482 ETH |
| 5 Minutes | |||||||
| Before | 1912.47 | 1917.29 | 1911.80 | 1916.16 | 0.19% | 0.29% | 1,924 ETH |
| During | 1916.15 | 1935.68 | 1915.19 | 1923.81 | 0.40% | 1.06% | 12,417 ETH |
| 10 Minutes | |||||||
| Before | 1902.56 | 1917.29 | 1902.56 | 1916.16 | 0.71% | 0.77% | 4,768 ETH |
| During | 1916.15 | 1935.68 | 1915.19 | 1919.61 | 0.18% | 1.06% | 15,024 ETH |
| 15 Minutes | |||||||
| Before | 1902.17 | 1917.29 | 1900.43 | 1916.16 | 0.73% | 0.88% | 5,386 ETH |
| During | 1916.15 | 1935.68 | 1915.19 | 1917.08 | 0.05% | 1.06% | 16,340 ETH |
| 30 Minutes | |||||||
| Before | 1895.90 | 1917.29 | 1894.51 | 1916.16 | 1.06% | 1.19% | 7,794 ETH |
| During | 1916.15 | 1935.68 | 1903.00 | 1908.03 | -0.43% | 1.69% | 22,224 ETH |
| 1 Hour | |||||||
| Before | 1895.40 | 1917.29 | 1894.51 | 1916.16 | 1.08% | 1.19% | 12,311 ETH |
| During | 1916.15 | 1935.68 | 1894.22 | 1920.55 | 0.23% | 2.14% | 37,572 ETH |
| 2 Hours | |||||||
| Before | 1892.11 | 1917.29 | 1887.75 | 1916.16 | 1.26% | 1.54% | 22,646 ETH |
| During | 1916.15 | 1935.68 | 1883.70 | 1888.56 | -1.46% | 2.69% | 62,312 ETH |
| 4 Hours | |||||||
| Before | 1909.24 | 1917.29 | 1887.31 | 1916.16 | 0.36% | 1.56% | 58,561 ETH |
| During | 1916.15 | 1935.68 | 1872.00 | 1898.38 | -0.94% | 3.29% | 92,822 ETH |
| 6 Hours | |||||||
| Before | 1915.26 | 1917.29 | 1887.31 | 1916.16 | 0.05% | 1.56% | 85,850 ETH |
| During | 1916.15 | 1935.68 | 1872.00 | 1910.72 | -0.28% | 3.29% | 110,486 ETH |
| 8 Hours | |||||||
| Before | 1912.53 | 1925.68 | 1895.59 | 1909.24 | -0.17% | 1.56% | 74,994 ETH |
| During | 1909.24 | 1935.68 | 1872.00 | 1898.38 | -0.57% | 3.29% | 151,383 ETH |
| 12 Hours | |||||||
| Before | 1912.53 | 1925.68 | 1887.31 | 1916.16 | 0.19% | 1.99% | 133,556 ETH |
| During | 1916.15 | 1935.68 | 1872.00 | 1906.34 | -0.51% | 3.29% | 159,577 ETH |
