← The Polylog Crypto Intelligence Brief
Morning Edition · Friday, September 11, 2026Published at 1:49 AM EDT · New York
Bitcoin Trades Below $77,000 as Futures Price a September Federal Reserve Rate Increase
Fed funds futures put the odds of a quarter-point hike near 70 percent, the 30-year Treasury yield touched 5.35 percent, and Zcash gave back part of a monthly run.
Bitcoin fell below $77,000, with 95 of the CoinDesk 100 lower over 24 hours and bitcoin down more than 5 percent on the week. Zcash led the declines, dropping about 12 percent to near $1,134, which still leaves it far above where it traded…
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Dollar Liquidity Sets Crypto's Direction
Bank reserve levels and Treasury cash management increasingly determine crypto price direction more than crypto-native flows, tying digital assets to the same funding cycle as leveraged equities.
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