Bitcoin traded below $77,000 while Zcash fell more than 13% over a rolling 24-hour period, extending a broad cryptocurrency market correction. The move coincided with reports of higher U.S. Treasury yields and strengthening expectations for a Federal Reserve rate increase ahead of a closely watched inflation release.

The supplied report attributes the market pullback primarily to macroeconomic conditions rather than on-chain or protocol-specific catalysts. When Treasury yields rise, digital assets—including compute-market and decentralized-AI tokens—can be repriced against the same risk-free rate as the broader crypto market.

Bitcoin Below $77,000 as ZEC Declines More Than 13%

Bitcoin was quoted at $76,780 in the supplied market snapshot, below the $77,000 level cited in the report. Its rolling 24-hour change was −1.91%, while its market capitalization stood near $1.54 trillion and its 24-hour trading volume was approximately $29.95 billion. The snapshot is available through CoinGecko.

The snapshot confirms that Bitcoin was trading below the cited threshold, but it does not establish when the level was first crossed. The original price claim came from the supplied report. The exact exchange, observation time, and original source link were not available and require editorial verification before publication.

For related coverage, see Bitcoin’s $72–73K Level: ETF Realized Price in Focus and Bitcoin Protocol Bonds: Muneeb Signals Onchain Issuance.

Zcash was quoted at $1,065.36, with a rolling 24-hour change of −14.15%, according to the supplied snapshot on CoinGecko. That reading corroborates a decline exceeding the 13% figure cited in the report and represented a substantially larger move than Bitcoin’s decline over the same period.

The Fear & Greed Index stood at 56, classified as “Greed,” at 00:00 UTC on September 11, 2026, according to Alternative.me. The index reading and the price snapshots were not synchronized, so the sentiment measure should not be treated as a direct response to these particular declines.

A similar macro-driven drawdown was reported during an earlier session when Bitcoin traded below $79,000, Zcash declined, and expectations for a Federal Reserve rate increase approached 60%. Related reports also described a period when oil prices and Federal Reserve expectations pressured crypto markets as Bitcoin rebounded, and when XRP fell 2.29% amid macro risks.

Treasury Yields and Fed Expectations Frame the Reported Sell-Off

According to the supplied report, which attributed the information to BlockBeats, the 10-year U.S. Treasury yield rose to 4.943%. The market-implied probability of a Federal Reserve rate increase the following week was reported to have risen to 71%.

Both figures remain based on unconfirmed reports. No dated intraday Treasury-yield quote, benchmark definition, or probability provider was independently obtained. The 71% figure represents a reported market-implied probability, not a Federal Reserve announcement or a confirmed policy decision.

Official policy records provide additional context. In its July 29, 2026, FOMC statement, the Federal Reserve maintained the federal funds target range at 3-1/2% to 3-3/4% on a 9–3 vote. Beth M. Hammack, Neel Kashkari, and Lorie K. Logan dissented in favor of a quarter-point increase. The three July dissenters are documented in the statement, but their votes do not establish September market-implied probabilities.

The Federal Reserve’s FOMC calendar lists the next scheduled meeting for September 15–16, 2026, and includes a Summary of Economic Projections.

CPI Timing and Causality Remain Unconfirmed

The report described the developments as occurring ahead of a U.S. Consumer Price Index release scheduled for Friday, September 11. However, it did not provide a year confirmation, an official release calendar, or an inflation result, so the timing remains unconfirmed.

The account that bond-market repricing drove the cryptocurrency correction is reported context rather than an established causal finding. The supplied material does not prove that the reported changes in Treasury yields or rate expectations directly caused the moves in Bitcoin and Zcash. The original source link, observation times, probability methodology, and CPI release date all require editorial confirmation.

Ahead of the scheduled September 15–16 Federal Reserve decision, rate-path expectations remain a key variable for risk assets, including AI-linked and compute-market tokens whose valuations are exposed to the same discount-rate dynamics as the broader cryptocurrency market.

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital-asset markets carry significant risk.