Bitcoin Tops $76,000 as Fed Signals Limited Rate Hikes; Zcash Surges 23%

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Bitcoin climbed above $76,000 as the U.S. Federal Reserve raised interest rates for the first time since 2023 but signaled limited additional tightening ahead. The cautiously optimistic outlook from the Fed helped lift sentiment across major cryptocurrencies. Privacy-focused token Zcash was among the standout performers, surging 23% during the rally. Paradigm co-founder Matt Huang drew attention to Zcash's potential as a privacy-oriented complement to Bitcoin, adding further momentum to its price rise.

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