Bitcoin Nears $81,000 Ahead of Fed Decision as ZEC Jumps 8%
Bitcoin rose nearly 2% to just under $81,000 as traders awaited the Federal Reserve's rate decision, while ZEC led major cryptocurrencies with an 8% gain.
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A Treasury Department plan to expand long-term bond purchases drove a decline in yields, helping the S&P 500 end a three-session losing streak while Bitcoin crossed $70,000.
Global crypto exchange BYDFi is attending Coinfest Asia 2026 as a Gold Sponsor, engaging with institutions, builders, and traders at Melasti Beach in Bali.
Hyperliquid's HYPE token surged over 22% following Coinbase's integration of perpetual futures into its Base App and regulatory comments regarding U.S. access.
Pi Network trades around $0.09 following three consecutive bullish daily closes, though it continues to lag behind a wider cryptocurrency market rally driven by US Treasury bond buybacks.
Bitcoin recently rallied past $69,000, pushing its market cap above $1.40 trillion as a result of institutional capital inflows, retail buying, and massive short liquidations.
GnosisDAO has voted in favor of transitioning Gnosis Chain from a standalone layer-1 network to a ZK-proven Ethereum Economic Zone rollup.
Coinbase shares posted their largest single-day gain since May, driven by broader crypto market sentiment, anticipated OCC stablecoin rules, and political developments regarding the CLARITY Act.
Coinbase has integrated Hyperliquid perpetual futures into the Base App, offering qualified users access to over 290 markets and up to 50x leverage.
Hyperliquid's HYPE token jumped 22% to reach $71.61 following statements from President Donald Trump regarding a possible legal framework for US market entry.
Bitcoin crossed the $71,000 threshold for the first time since early June, driven by liquidity support announcements, macroeconomic shifts, ETF inflows, and market leverage.