Key Takeaways
BlockchainReporter notes Bitcoin and Ethereum rally past key levels following the Federal Reserve's rate hike, alongside presale project Pepeto.

According to BlockchainReporter, Bitcoin climbed above $85,000 and Ethereum cleared $2,600 following the Federal Reserve's first interest rate hike since 2023. CoinMarketCap reported Bitcoin reached $85,206, pushing holders back into profit above the $80,451 average cost of company treasuries noted by Glassnode. Ethereum sat at $2,720 with a $320 billion market cap, supported by institutional holdings such as Bitmine's 5.96 million ETH. Meanwhile, presale crypto Pepeto features a live zero-fee exchange called PepetoSwap, a five-chain bridge, staking offering 162% APY, and a security scanner. Pepeto has raised over $11 million from more than 43,000 holders and is priced at $0.0000001896 in its current stage. The project highlights a live trading layer tested on $50 million of daily volume and approaches a Binance listing. While Bitcoin serves as a value store and Ethereum runs applications, Pepeto offers an early-stage presale alternative with working products. BlockchainReporter attributed these market movements to strong buyer demand absorbing the recent rate hike.
Source & Fact-Check Note
https://blockchainreporter.net/next-100x-crypto-picks-bitcoin-ethereum-and-pepeto-rally-through-the-first-fed-rate-hike-since-2023/

