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

The CoinDesk 20 fell about 3%, nearly twice bitcoin's loss, and 95 of the CoinDesk 100 ended the session lower, according to CoinDesk data.

Traders spent Thursday repricing next week's Federal Reserve meeting toward an increase.

Zcash led the losses, dropping roughly 12% to about $1,134 and unwinding part of a run that still leaves it up about 34% on the week and nearly 145% over a month. Hyperliquid's HYPE fell roughly 7% to just under $79, stretching its weekly loss to about 10%. Dogecoin shed about 6% to 8 cents. XRP dropped about 3% to $1.34 and is down nearly 7% over seven days, while solana broke $100 to trade just under that level, off more than 3%.