Zcash tumbles as hawkish Fed repricing weighs on the crypto market; focus stays on the Fed and US-Iran negotiations
As a reminder, Fed's Waller not only stated he would support a tightening move in December regardless of the inflation data but also raised the possibility of a larger 50 bps move if October's inflation data came in hotter than expected. The negotiations are still…
In this article
In the latest Fed interest rates update, As a reminder, Fed's Waller not only stated he would support a tightening move in December regardless of the inflation data but also raised the possibility of a larger 50 bps move if October's inflation data came in hotter than expected. The negotiations are still in a stalemate on the US-Iran front.
Key points
- We have a downward trendline defining the bearish momentum on the 4 hour chart.
- We can see that Zcash broke below the key 1,031 level in recent days.
- Looking ahead, Zcash looks set to stay under pressure against a backdrop of the negative macro backdrop.
What happened: Fed interest rates
Looking ahead, Zcash looks set to stay under pressure against a backdrop of the negative macro backdrop, with hawkish Fed expectations and geopolitical uncertainty limiting upside momentum. We can see that Zcash broke below the key 1,031 level in recent days, opening the door for a move into the large upward trendline around the 800 level on the daily chart. We have a downward trendline defining the bearish momentum on the 4 hour chart.
Why Fed interest rates matters for traders
Federal Reserve policy is the single biggest driver of the US dollar, Treasury yields and global risk appetite. Any shift in the expected path of interest rates is priced into currencies, gold and stock indices within minutes.
Hawkish signals typically lift the greenback and pressure non-yielding assets such as gold, whereas dovish signals often help equities and emerging-market currencies.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-12 12:06 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 72,893.70 | -1.32% | 74,811.45 | 72,789.00 |
| Ethereum (ETH) | 2,020.77 | -1.57% | 2,103.78 | 2,013.38 |
| Solana (SOL) | 82.33 | -1.66% | 85.85 | 82.1 |
What to watch next for Fed interest rates
Traders will focus on upcoming comments from Fed officials, the next inflation and labour-market releases, and pricing in rate futures for clues about the timing of the next policy move.
Follow every update in our Top 10 Crypto News Today, read Bitcoin price: Stablecoin supply declines $14.2B in largest 30-day drop since June 2022 or see all of today's top market news.
FAQ
What is the latest Fed interest rates news?
As a reminder, Fed's Waller not only stated he would support a tightening move in December regardless of the inflation data but also raised the possibility of a larger 50 bps move if October's inflation data came in hotter than expected.
How do Fed rate decisions affect forex markets?
Higher US rates tend to attract capital into dollar assets and strengthen the greenback, while lower rates or dovish guidance usually weaken it against other major currencies.
Where does this information come from?
This report is based on coverage from investingLive Crypto, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
