Markets were almost prepared for no rate cut in today's US Federal Reserve rate announcement and there was a muted reaction from Nasdaq, Dow Jones Industrial Average and S&P.

Dow Jones Industrial Average was trading 0.5 percent higher at 47,939 while Nasdaq Composite was trading firm by 0.51 percent.

Bitcoin demand among U.S. investors has experienced a notable increase following the Federal Reserve's confirmation of an impending interest rate cut.

In a closely watched speech at the annual Jackson Hole retreat, Federal Reserve Chair Jerome Powell signaled that interest rate cuts are on the horizon, though he refrained from specifying the timi

US Federal Reserve has kept interest rates unchanged but Fed Chair Jerome Powell added that there could be two more rate hikes this year.

On Wednesday, the Dow Jones Industrial Average experienced a decline as investors shifted their attention to the upcoming policy decision by the Federal Reserve, along with the subsequent press con