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Bitcoin holds steady above $83K despite inflation fears; Zcash drops 12% amid market uncertainty.

Market News
29 Sep 2026
Crypto Briefing
View Source
Neutral
Bitcoin holds steady above $83K despite inflation fears; Zcash drops 12% amid market uncertainty.

Bitcoin maintained its price above $83,000 despite rising inflation fears, geopolitical tensions, and climbing oil prices, showing resilience amid market uncertainty. Meanwhile, Zcash experienced a sharp 12% drop after a historic rally earlier in September, influenced by futures liquidations and market corrections. The stability of Bitcoin is attributed to strong institutional support, including spot ETFs and corporate investments, which help it withstand macroeconomic shocks. This suggests Bitcoin's growing maturity as a digital asset in volatile markets.

As of Sep 29, 2026 11:40 WIB, Bitcoin trades at Rp1.495.407.772 on Pluang, showing minimal movement with a 1-day change of -0.27%, while Zcash is down sharply by 11.77% to Rp24.815.824. Bitcoin's market cap of Rp30.060,75T vastly exceeds Zcash's Rp7,04T, highlighting Bitcoin's dominant position despite recent volatility. Pluang data also shows a strong buy interest for Bitcoin at 66%, contrasting with Zcash's 100% sell activity, reflecting differing investor sentiment between the two assets.

More News (ZEC)

Large Zcash holder moves 4,200 tokens, raising net holdings to $31.7M amid recent accumulation.

Large Zcash holder moves 4,200 tokens, raising net holdings to $31.7M amid recent accumulation.

A major Zcash (ZEC) holder transferred 4,200 tokens into its main wallet within three hours, increasing its net holdings to about $31.7 million. This latest transfer, valued at approximately $5.84 million, follows a week of active accumulation and co...

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Zcash (ZEC) experienced a significant price drop of 6.50% within four hours, falling to $1,384 as of early Sept. 29, extending its 24-hour decline to 11.76%. The token's value decreased from $1,480 four hours earlier, with liquidations totaling $30,0...

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Bitcoin holds above $83K amid rising Treasury yields and oil prices, while Zcash drops 12%.

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Bitcoin remained just above $83,100 as rising U.S. Treasury yields and climbing oil prices stoked inflation fears and expectations of another Federal Reserve rate hike. Zcash led major token losses with a 12% drop, while The Graph surged 18%. Analyst...

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