Bitcoin falls below $79,000 as Zcash leads broad crypto losses

Bitcoin slipped below $79,000 on Tuesday as major cryptocurrencies moved lower across the market. Zcash recorded the sharpest losses among the assets highlighted, while Bitcoin, NEAR Protocol and Nexus Labs were also part of the broader decline. Despite the day’s weakness, most major tokens remained in positive territory for the week. Market pricing continued to show about a 60% probability of a Federal Reserve interest-rate hike at next week’s meeting, according to CoinDesk. The rate outlook remained a key backdrop for trading as investors assessed the prospect of tighter monetary policy. The move marked a weaker session for digital assets, but did not erase the weekly gains held by most major tokens.