Bitcoin
Solana
TRON
Zcash
Ren
XRP
Live updates: Zcash climbs 6% as majors slide ahead of Fed rate decision
In this news:
Zcash rose nearly 6% to just above $1,200 as of European morning hours Wednesday, the only major in the green, according to CoinDesk data.
XRP led the decliners, down more than 7% to $1.29. Ether and solana each fell about 3%, with bitcoin, BNB and tron all down about 1%. Bitcoin traded just under $76,000 after dipping below $75,000 on Tuesday.
That drop followed the failure of the CLARITY Act in the U.S. Senate, the bill that would set which agency regulates which digital assets and has been the industry's main legislative push this year.
The Fed decides on rates later Wednesday with a quarter-point hike already priced in. Bitunix analysts told CoinDesk in an email that the size of the move matters less than what happens to long-term Treasury yields afterward.
Watch those long-dated yields once the decision lands. If they hold near current levels despite the tighter short rate, markets are pricing U.S. inflation and fiscal risk separately from anything the Fed does next.
Share the article:
Trending News & Crypto World
.png)
Latest Crypto News
Top Trending Cryptocurrencies on The Market
Current Price
$1.409
Market Cap
$2.1B -14.27%
24h Volume
$46.5M
Supplies
10.0B / 10.0B
Current Price
$131.85
Market Cap
$2.0B -2.14%
24h Volume
$247.4M
Supplies
16.0M / 16.0M
Current Price
$0.4100
Market Cap
$2.0B 1.70%
24h Volume
$137.5M
Supplies
10.0B / 10.0B
Current Price
$0.004201
Market Cap
$1.9B 0.29%
24h Volume
$106.9M
Supplies
827.7B / 1.0T
Current Price
$0.7094
Market Cap
$1.9B 0.75%
24h Volume
$93.8M
Supplies
7.8B / 8.0B
Current Price
$0.9949
Market Cap
$1.9B -0.04%
24h Volume
$838.2K
Supplies
1.9B / ∞
Current Price
$0.000004299
Market Cap
$1.8B -2.80%
24h Volume
$182.6M
Supplies
420.7T / 420.7T
Current Price
$0.9972
Market Cap
$1.8B -0.15%
24h Volume
$2.9M
Supplies
1.8B / ∞
Current Price
$4,009.30
Market Cap
$1.8B -0.11%
24h Volume
$121.2M
Supplies
440.6K / ∞
Current Price
$0.9989
Market Cap
$1.7B -1.46%
24h Volume
$215.1M
Supplies
1.7B / 2.1B
Current Price
$0.5130
Market Cap
$1.7B -0.06%
24h Volume
$23.8M
Supplies
6.2B / 6.2B
Current Price
$1.134
Market Cap
$1.7B -0.41%
24h Volume
-
Supplies
1.5B / ∞