{"id":228578,"date":"2026-09-17T07:14:00","date_gmt":"2026-09-17T07:14:00","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=228578"},"modified":"2026-09-17T07:14:00","modified_gmt":"2026-09-17T07:14:00","slug":"bitcoin-survives-first-fed-rate-hike-in-3-years-zcash-explodes-again-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=228578","title":{"rendered":"Bitcoin Survives First Fed Rate Hike in 3 Years, Zcash Explodes Again: Market Watch"},"content":{"rendered":"

Bitcoin\u2019s expected price volatility ahead of and after the FOMC meeting indeed took place, with the asset posting a few major moves, but it has overall survived the first rate hike in three years, currently trading above $76,000.<\/p>\n

The altcoins are also well in the green today, with SOL touching $100 and ZEC exploding by over 14%.<\/p>\n

BTC Above $76K as the Dust Settles<\/h2>\n

The current business week was expected<\/a> to be a big one for the cryptocurrency industry, and it was quite eventful, even though it\u2019s far from over. At the end of the previous one, BTC plunged to $76,000 after the release of the CPI data, before it suddenly rocketed to almost $80,000, where it was rejected and driven south to $77,000. It spent the weekend there and dipped again on Monday to $76,500.<\/p>\n

However, the bulls went on the offensive later that day and pushed the cryptocurrency to $79,500. Another rejection followed as the market braced for the upcoming cloture vote on the CLARITY Act. The Senate vote ultimately failed<\/a>, and BTC went from $77,250 to a month low of $75,000 in minutes.<\/p>\n

It recovered to $76,000 on Wednesday as all eyes turned to the Fed. For the first time in three years, the US central bank raised<\/a> the rates unanimously with a 12-0 vote. At first, BTC dipped to $75,000 before it shot up by $1,500. It failed there again, slipping by a grand before it rebounded and now sits at $76,500.<\/p>\n

Its market cap has recovered to $1.530 trillion on CMC, while its dominance over the alts has retreated slightly to 58.7%.<\/p>\n

<\/a>BTCUSD September 17. Source: TradingView<\/p>\n

ZEC Flies Again<\/h2>\n

Ethereum is up by just over 1.5% daily and sits close to $2,450. BNB has posted a similar increase, currently trading at $725. SOL has neared $100, while XRP, TRX, HYPE, DOGE, and LINK are also in the green. ZEC stands in a league of its own again. The privacy token has rocketed by over 14% and now trades above $1,350. In contrast, RAIN has plummeted by nearly 8%.<\/p>\n

NEAR, CRO, PUMP, UNI, CC, DOT, ENA, and ONDO are well in the green among the larger-cap alts, with gains of up to 14.6% in the case of NEAR.<\/p>\n

The total crypto market cap has increased by over 1% daily, and it\u2019s up to $2.610 trillion on CMC.<\/p>\n

<\/a>Cryptocurrency Market Overview September 17. Source: QuantifyCrypto<\/p>\n

\u00a0<\/p>\n

The post Bitcoin Survives First Fed Rate Hike in 3 Years, Zcash Explodes Again: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s expected price volatility ahead of and after the FOMC meeting indeed took place, with the asset posting a few major moves, but it has overall survived the first rate hike in three years, currently trading above $76,000. The altcoins are also well in the green today, with SOL touching $100 and ZEC exploding by […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-228578","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/228578"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=228578"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/228578\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=228578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=228578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=228578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}