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

Market News
29 Sep 2026
Coindesk
View Source
Bearish
Bitcoin holds above $83K amid rising Treasury yields and oil prices, while Zcash drops 12%.

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%. Analysts warn that a sustained fall below $80,000 could signal prolonged Bitcoin weakness, but renewed momentum might push it above $90,000. The market awaits Wednesday's PCE inflation data, which could influence further rate hike bets and impact crypto prices.

Bitcoin trades at Rp1.495.407.772 on Pluang with a slight 0.27% decline as of Sep 29, 2026 11:40 WIB, showing modest resistance despite the article's mention of a slip to $83,000. Zcash, matching the article's sharp drop, is down 11.77% at Rp24.815.824 with all Pluang orders selling. Meanwhile, The Graph differs from the article's surge, trading down 7.03% at Rp545, reflecting a contrasting trend on Pluang.

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