Zcash Gains 6% as Bitcoin Falls Below $76,000 Ahead of Fed Decision

Zcash (ZEC) rose 6% as major cryptocurrencies weakened ahead of the Federal Reserve’s rate decision, according to CoinDesk. The privacy-focused token has gained 130% over the past 30 days and is trading close to its all-time highs from 2016. Bitcoin (BTC), by contrast, fell to a three-and-a-half-week low below $76,000. The contrasting moves put Zcash among the stronger performers in the crypto market as traders awaited the central bank’s decision. No details on the Fed’s expected action were provided in the source material. The update is relevant to both ZEC and BTC markets, highlighting Zcash’s sharp recent advance alongside broader weakness in major digital assets.