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Zcash jumps 10% past $1,600 as Bitcoin holds near $87,000 amid easing oil prices and US crypto regulation updates

Market News
23 Sep 2026
Blockonomi
View Source
Bullish
Zcash jumps 10% past $1,600 as Bitcoin holds near $87,000 amid easing oil prices and US crypto regulation updates

Zcash surged about 10% to over $1,600, outperforming major cryptocurrencies while Bitcoin stabilized near $87,000 following recent gains. The broader crypto market benefited from declining oil prices and Treasury yields, boosting investor confidence in risk assets. Key regulatory developments include the SEC's new tokenization framework and progress on a Strategic Bitcoin Reserve bill in the US government. These factors combined are supporting ongoing positive momentum in the cryptocurrency market.

As of Sep 23, 2026 14:33 WIB, Bitcoin trades at Rp1.535.063.458 on Pluang, showing a modest gain of 0.91% over the past day. Zcash is also up significantly by 8.43%, priced at Rp28.925.676, reflecting strong interest among investors. The typical hold time for Bitcoin on Pluang is 110 days, while Zcash holders tend to keep their positions for about 106 days, indicating steady engagement in these assets.

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