{
  "id": 7767093,
  "title": "Live updates: Zcash climbs 6% as majors slide ahead of Fed rate decision",
  "url": "https://urgent.news/2026/09/16/live-updates-zcash-climbs-6-as-majors-slide-ahead-of-fed-rate-decision",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T10:37:46.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/business/2026/09/16/live-updates-zcash-climbs-6-as-majors-slide-ahead-of-fed-rate-decision"
  },
  "original_language": "en",
  "account": null,
  "summary": "The cryptocurrency Zcash has seen a 6% increase, while major cryptocurrencies have slid ahead of the US Federal Reserve's rate decision. Zcash is up 130% over 30 days and is trading near its all-time highs from 2016, according to CoinDesk. In contrast, bitcoin has reached a three-and-a-half-week low, below $76,000.\n\nAsian markets were mixed as traders await the US Federal Reserve's policy decision, with the GIFT Nifty indicating a slightly lower open for the Nifty50, as per Business Standard. Oil prices have fallen due to a rise in US crude inventories, despite concerns over Saudi supply.\n\nThe US Dollar has firmer support from climbing US yields and rate-hike expectations, with markets expecting a 25 basis points rate hike to 3.75%-4.00% from the Federal Reserve. This has weighed on growth-sensitive currencies like the New Zealand Dollar, which has seen a run of losses, according to FXStreet.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Gold rebounds as traders position for Fed interest rate decision",
        "url": "https://urgent.news/2026/09/16/gold-rebounds-as-traders-position-for-fed-interest-rate-decision",
        "published": "2026-09-16T11:28:16.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "Stock futures edge higher ahead of pivotal Fed rate decision",
        "url": "https://urgent.news/2026/09/16/stock-futures-edge-higher-ahead-of-pivotal-fed-rate-decision",
        "published": "2026-09-16T11:40:43.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}