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Zcash jumps 23% as bitcoin and major tokens rise despite Fed’s first hike since 2023

Bitcoin traded above $76,000 as the Fed projected limited further tightening, while Paradigm’s Matt Huang discussed Zcash’s role as a privacy complement to bitcoin.

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Zcash jumps 23% as bitcoin and major tokens rise despite Fed’s first hike since 2023

Bitcoin traded above $76,000 as the Fed projected limited further tightening, while Paradigm’s Matt Huang discussed Zcash’s role as a privacy complement to bitcoin.

·New York, United States
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The cryptocurrency market has seen an increase in major assets over the past 24 hours

Following the US Federal Reserve's (FED) 25 basis point increase in its policy interest rate, one of the notable movements in the cryptocurrency market occurred in Zcash (ZEC). The ZEC price rose sharply in a short time, exceeding $1,380 on Binance. ZEC is currently trading around $1,333, up approximately 17.7% in the last 24 hours, with a market capitalization reaching approximately $22.5 billion. However, […] Source: Bitcoinsistemi.com

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bitcoinsistemi.com broke the news on Wednesday, September 16, 2026.
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