Crypto Overview: Bitcoin Breaks $81,000 as Big Caps Lead and Pepeto Targets 100x

Anyone reading the crypto overview this week can feel the market waking up. Bitcoin climbed above $81,200 on September 19. It shook off the Fed’s first rate hike in three years and the CLARITY Act’s failure, per CoinDesk. BNB hit $768 and XRP gained 5.4% to $1.43, per Investing News.

The big names are doing well. But when traders search for a full crypto overview, the coins doing well are not the ones offering a real shot at a big return. Pepeto is a presale project paying 162% staking APY that has pulled in over $11 million at $0.0000001896 per token.

Why Did Bitcoin Just Break $81,000 After the Fed Rate Hike?

Bitcoin crossed $81,000 on September 19. The Fed had raised rates the day before by 25 basis points, the first hike since 2023, per CoinDesk. The market dipped 3% on the hike day but bounced back in full within 24 hours.

Bond yields pulled back below 5%, and buyers showed up across the board, per Investing News. The CoinDesk 100 index rose 7.4%. Layer 2 tokens led with gains above 17%. The speed of the bounce tells a story. The market is not afraid of the rate path anymore. Risk appetite comes back strongest for the names with the most room to run.

What Does the Full Crypto Overview Reveal Beyond the Big Names?