Zcash Surges 15%, Bitcoin Reclaims $81,000: Fed Behind the Day’s Rally

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On September 4, Bitcoin reclaimed the $81,000 level, up approximately 4% over 24 hours. Traders have cut the odds of a Fed rate hike this month to a near coin flip, down from over 63% at the start of the week according to the CME FedWatch Tool. Zcash led the charge with a gain of nearly 15% in one day and 20% over the week, hitting an intraday peak of $979. US spot Bitcoin ETFs recorded approximately $277 million in provisional inflows on Thursday, while the dollar fell to its lowest level since May and the yen appreciated by roughly 2%.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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