Zcash rose 23% as Bitcoin traded above $76,000 and major crypto tokens advanced, according to CoinDesk. The gains came despite the Federal Reserve delivering its first interest-rate hike since 2023. At the same time, the central bank projected only limited additional tightening, a signal that helped frame the market reaction. Paradigm co-founder Matt Huang also discussed Zcash’s position in the crypto ecosystem, describing its role as a privacy complement to Bitcoin. The move placed Zcash among the strongest performers highlighted in the market update, while Bitcoin remained above the $76,000 level. The developments provide a snapshot of trading across major digital assets following the Fed decision, with attention focused on both monetary-policy expectations and the continued role of privacy-focused networks.
