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Zcash and Monero lead crypto gains as Bitcoin and Ethereum show minimal movement amid Fed rate hike.

Market News
06 Oct 2026
Decrypt
View Source
Neutral
Zcash and Monero lead crypto gains as Bitcoin and Ethereum show minimal movement amid Fed rate hike.

Zcash and Monero were the top-performing large cryptocurrencies over 24 hours, with Zcash up 3% and Monero 2.14%, while Bitcoin and Ethereum rose only slightly by 0.59% and 0.34% respectively. The crypto market remains largely flat, influenced by the Federal Reserve's recent rate hike to 3.75%-4.00% and weaker-than-expected September payrolls, which reduced the odds of another rate increase soon. Despite Bitcoin showing bullish signals like a golden cross, the market is in a consolidation phase. Zcash, despite recent gains, still trades 19% below its late-September peak, and its ETF saw significant outflows recently, though it has gained about 2,500% over the past year. Monero is similarly consolidating below its September high. Key resistance levels to watch are $87,354 for Bitcoin, $1,403.89 for Zcash, and $558.69 for Monero.

Zcash and Monero are leading gains on Pluang, with Zcash up 3.78% at Rp24.095.031 and Monero rising 2.41% to Rp1.934.530. Bitcoin shows a modest increase of 0.26%, trading at Rp1.531.592.954 as of Oct 07, 2026 00:03 WIB. This highlights the stronger momentum in privacy coins compared to Bitcoin and Ethereum on the platform.

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