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Altcoins

Bitcoin Below $77,000 as Zcash Falls on Fed Rate Hike Bets

Bitcoin sat close to $77,000 and Zcash led losses among major tokens as traders weighed the possibility of a Federal Reserve rate hike, according to unconfirmed reports of the September 11, 2

AnonymousCryptoCompass newsroom
September 12, 2026
5 min read
NEWS
Bitcoin Below $77,000 as Zcash Falls on Fed Rate Hike Bets
CryptoCompass editorial visual for altcoins coverage.

Bitcoin sat close to $77,000 and Zcash led losses among major tokens as traders weighed the possibility of a Federal Reserve rate hike, according to unconfirmed reports of the September 11, 2026 selloff. The available verified evidence, however, points to a more mixed picture: a research-time Bitcoin snapshot slightly above that threshold, a clear Zcash decline, and official Fed documents that show rates on hold rather than rising.

Key takeaways

  • Bitcoin was reported below $77,000, but the nearest verified snapshot showed it just above that level.
  • Zcash (ZEC) led losses in the verified two-asset comparison, though a market-wide ranking was not confirmed.
  • Trader bets on a Fed rate hike reflect market expectations, not an announced policy decision; the Fed's last meeting held rates steady.

Bitcoin trades near $77,000 as crypto prices soften

Bitcoin was reported to have traded below $77,000 on September 11, 2026, according to unconfirmed reports; that original account could not be independently verified for this piece. The $77,000 figure is best described as a reported price threshold, not a confirmed technical support or resistance level. For related coverage, see Crypto ETF Flows: Altcoins Gain $59M, Bitcoin Loses $120M.

The closest verified reading comes from a CoinGecko snapshot showing Bitcoin at $77,186, down about 0.20% over 24 hours, retrieved September 12, 2026 at 21:30:18 UTC. That price sits just above the $77,000 line rather than below it, and it describes the retrieval time, not the September 11 observation in the headline. For related coverage, see Ethereum Above $2,600: Can ETH Reach $3,000?.

Bitcoin price at research retrieval

$77,186

CoinGecko snapshot retrieved September 12, 2026 at 21:30:18 UTC. This price was above $77,000 and does not verify the reported September 11 price below that level. Source: CoinGecko; linked asset page shows live data.

Sentiment did not obviously match the softness in prices. The Fear & Greed Index read 63, in "Greed" territory, as of September 12, 2026, even with Bitcoin and Zcash both showing negative 24-hour changes. Recent coverage has tracked how ETF outflows have pressured BTC toward the $77,000 area, a dynamic that could add context to the reported move.

Zcash leads losses in the verified comparison set

Zcash (ZEC) was identified as leading losses in the reported selloff, according to unconfirmed reports; no comparison universe, timeframe, or market-wide ranking accompanied that claim. Absent contemporaneous data, a broad "led all losses" statement cannot be substantiated here.

What is verifiable is that Zcash traded at $1,122.26, down roughly 4.84% over 24 hours in the same CoinGecko snapshot dated September 12, 2026. On that measure, and within the two-asset set of Bitcoin and Zcash, ZEC's decline was far steeper than Bitcoin's 0.20% slip over the same period.

Zcash 24-hour change at research retrieval

−4.84%

CoinGecko snapshot retrieved September 12, 2026 at 21:30:18 UTC; rounded from −4.836813981101438%. This rolling 24-hour decline does not establish a September 11 loss ranking. Source: CoinGecko; linked asset page shows live data.

This underperformance is an observation, not an explanation. No Zcash-specific catalyst, network issue, or privacy-coin selloff was confirmed in the available evidence, and the decline should not be read as one without further reporting.

Traders bet on a hike, but the Fed held rates in July

Traders were said to be increasing bets on a Fed rate hike alongside the crypto weakness, according to unconfirmed reports; the pricing source, implied probability, and meeting horizon behind those bets were not verified. Market-implied expectations are distinct from a confirmed policy change.

The most recent verified policy action points the other way. The July 29, 2026 FOMC statement kept the federal funds target range at 3-1/2 to 3-3/4 percent by a 9–3 vote, with Beth M. Hammack, Neel Kashkari and Lorie K. Logan dissenting in favor of a 1/4-percentage-point increase. The statement cited inflation still elevated relative to the 2 percent goal, partly reflecting supply shocks including energy.

The meeting also captured the split between markets and forecasters. The July meeting minutes noted that market pricing at the time fully incorporated a 25 basis point hike by September and another by the first quarter of the following year, while the median Desk survey respondent expected no rate change through 2027 and a cut in early 2028. That July pricing is historical context, not a verified September 11 probability.

The bull case for crypto is that a Fed on hold, as it was in July, keeps policy from tightening further, and prevailing "Greed" sentiment suggests risk appetite has not collapsed. The bear case is that persistent inflation and three officials favoring a hike leave the door open to higher rates, which in conditional terms can weigh on demand for risk assets, including crypto. The tension between these Fed policy paths and Bitcoin volatility remains the central variable, much as it did when inflation data last shaped rate-decision expectations.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.

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