Bitcoin holds above $83K as Zcash drops 12% amid inflation fears
- —Bitcoin fell 1.7% to $83,000, holding above August lows of $75,000–$77,000
- —Zcash dropped about 12% in one session from a peak above $1,485
- —Brent crude rose more than 3% to top $100 per barrel
- —ZEC futures liquidations exceeded $1 million in a single session
Why it matters: Bitcoin is holding $83,000 through rate hikes, rising oil and geopolitical risk, while privacy altcoins remain the most exposed.
Source: Crypto Briefing