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

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CoinDesk
Zcash jumps 23% as bitcoin and major tokens rise despite Fed’s first hike since 2023WorldPing
Image via CoinDesk.

What happened

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.

Key facts

  • 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.
  • Reported by CoinDesk and published Thu, 17 Sep 2026 04:47:27 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

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

  2. U.S. diesel prices hit record high as bitcoin and gold struggle

  3. Is the CLARITY Act Really (Not) Needed for Bitcoin Price to Rally?

  4. UK inflation jumps to 3.1% as energy costs soar

  5. Bitcoin faces 2022 parallels as Federal Reserve resumes rate increases

  6. Bitcoin treasuries buy just 5.9K BTC in three months as paper losses linger

  7. Bitcoin holds $76,000 after Fed rate hike, but 4 demand signals flash warning

Sources

The original report was published by CoinDesk. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CoinDesk

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Bitcoin holds $76,000 after Fed rate hike, but 4 demand signals flash warningWorldPing
CryptoSlate

Bitcoin holds $76,000 after Fed rate hike, but 4 demand signals flash warning

Bitcoin fell to an intraday low of $75,064.82 on Sept. 16, but recovered and reclaimed the $76,000 zone after Fed Chair Kevin Warsh's press conference wrapped up. The S&P 500 fell roughly 0.7%, the Dow dropped 1.2%, and the 2-year Treasury yield climbed to 4.

Brief by WorldPing · Original reporting by CryptoSlate