Bitcoin holds steady as stocks plunge on Fed's divided rate decision and inflation concerns.

The Federal Reserve paused interest rates at 3.50%-3.75%, with a 9-3 split among policymakers reflecting inflation worries. Stocks fell sharply, with the Dow dropping 2.19%, while Bitcoin's price remained nearly unchanged, continuing its recent trend of decoupling from traditional markets. Investors now await the Jackson Hole Symposium and the Fed's September meeting for clues on future rate moves.