TechBullion
Crypto Overview: Fed Holds Rates at 3.75%-4% as Solana, Zcash and Pepeto Draw Attention
xCruzo Brief
Crypto investors got a mixed message this week as the Fed held its policy rate at 3.75%–4% on October 28, but two officials pushed for more hikes. The vote was 10–2, with Governor Lisa Cook and Cleveland Fed president Beth Hammack backing a quarter-point increase, according to the report. Bitcoin briefly popped back above $77,000. For traders, the pause matters more for timing than the final vote. Until December, rates remain unchanged, potentially giving risky assets breathing room. Attention also shifted to new coins: Pepeto is a presale raising over $11.2 million with a live exchange and a claimed built-in security scanner; Solana trades at $94.76, down 2.6% in 24 hours, amid growth in tokenized stock activity.
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