Live updates: Bitcoin holds $79,000 as hike odds climb, zcash runs 45% in a week
60-second summary
Bitcoin holds near $79,000 as Fed rate‑hike odds rise to 58% after August payrolls triple forecasts, while equities retreat. Zcash spikes 45% in a week, outperforming most assets. The stronger labor data fuels expectations of tighter monetary policy, supporting risk‑off sentiment for Bitcoin yet boosting demand for privacy coins as investors diversify.
August payrolls came in three times above forecast and pushed September hike odds toward 58%. Equities sold it and crypto has not.