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Bitcoin below $77,000, Zcash leads losses as traders bet on a Fed rate hike

Published Source: CoinDeskRead original

Crypto Insight Summary: Ninety-five of the CoinDesk 100 fell over the past 24 hours, and bitcoin has shed more than 5% on the week. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ZEC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate hike concerns and market-wide sell-off pressure BTC and ZEC prices.

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