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

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.

Bitcoin Survives First Fed Rate Hike in 3 Years, Zcash Explodes Again: Market Watch

Several altcoins have marked major gains today, which is rather unexpected given yesterday's rate hike and CLARITY Act's failure.

Zcash (ZEC) Rallies 23% Following Fed Decision and Community Governance Results

Zcash (ZEC) surged 23% to $1,369 after the Fed raised rates, Paradigm disclosed holdings, and the NU7 governance vote approved faster blocks and halvings.

Fed Raises Rates by 25 Bps for First Time Since 2023 — What It Means for Bitcoin

The Federal Reserve raised rates by 25 basis points to 3.75%–4.00%, its first hike since July 2023. The decision was unanimous, with all 12 voting ...