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Crypto markets react to strong US jobs data and Fed rate cut odds, with Robinhood Chain and Zcash surging.

Market News
07 Sep 2026
Tokenpost
View Source
Neutral
Crypto markets react to strong US jobs data and Fed rate cut odds, with Robinhood Chain and Zcash surging.

Crypto markets are adjusting to a stronger-than-expected US labor report showing 162,000 new jobs in August and steady unemployment at 4.1%. This boosted expectations that the Federal Reserve might cut interest rates in mid-September, causing market volatility. Robinhood Chain outperformed Ethereum in decentralized exchange volume, while privacy coin Zcash surged over 43% amid growing institutional interest following a new Zcash ETF launch. Investors are split between short-term trades on macro signals and longer-term institutional accumulation, preparing for upcoming inflation data and Fed decisions.

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Zcash soars 2,389%, pressuring $47M short sellers amid a decade-high rally

Zcash soars 2,389%, pressuring $47M short sellers amid a decade-high rally

Zcash (ZEC) has surged 2,389% over the past year, reaching prices above $1,200 for the first time since 2016. This sharp rally has put significant pressure on major short sellers, including a trader holding a $47 million short position that faces liq...

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Cardano plans major Dijkstra upgrade with key node releases and hard fork by early 2027

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AI integration in business boosts demand for compute infrastructure, benefiting key tech stocks like NVIDIA and Broadcom.

AI integration in business boosts demand for compute infrastructure, benefiting key tech stocks like NVIDIA and Broadcom.

AI is rapidly becoming part of everyday business operations, with nearly half of firms expected to use AI soon, driving a surge in demand for data center power and infrastructure. Companies like NVIDIA, Broadcom, Arista Networks, Vertiv Holdings, and...

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AI boom shifts Bitcoin mining toward cheaper, flexible energy sources amid rising competition for power.

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SK hynix offers better value and income for retirement investors; Micron leads in growth and contracts amid AI memory demand.

SK hynix offers better value and income for retirement investors; Micron leads in growth and contracts amid AI memory demand.

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