Crypto news report · source clearly identified
Bitcoin Slides Below $77,000 as Zcash Leads Losses Amid Fed Rate Hike Speculation
Bitcoin fell below $77,000, shedding over 5% this week, while Zcash posted the biggest drop among the CoinDesk 100, as traders price in a possible Federal Reserve rate hike.
Bitcoin slipped under the $77,000 mark, marking a weekly decline of more than 5%. The broader market saw 95 of the CoinDesk 100 assets register losses in the past 24 hours.
Market Overview
Broad‑based selling pressure affected the majority of the CoinDesk 100, with nearly three‑quarters of the index experiencing price drops.
Top Loser: Zcash
Among the assets tracked, Zcash recorded the steepest decline, leading the list of losers as investors reacted to expectations of a Federal Reserve rate increase.
Key Drivers
- Speculation surrounding a potential Fed rate hike.
- Overall risk‑off sentiment in the cryptocurrency market.
Source & attribution
News Source
- Publisher
- CoinDesk
- Original date
- September 11, 2026, 4:46 AM
- Original headline
- Bitcoin below $77,000, Zcash leads losses as traders bet on a Fed rate hike