
Zcash rises 6% as broader market slides ahead of Fed decision
- —Zcash rose nearly 6% to $1,200 — the only major asset in positive territory
- —XRP fell more than 7% to $1.29, leading the decline
- —ETH and SOL lost about 3%, while BTC, BNB and TRX shed about 1%
- —Bitcoin trades just below $76,000 after falling below $75,000
Why it matters: The market is pricing in a 25 bps Fed rate hike; further moves depend on long-term US Treasury yields.
Source: CoinDesk