Pudgy Penguins Lending Rates: Compare Best (pengu) Annual Percentage Yield

Following the Fed’s decision to hold interest rates steady, Bitcoin surged past $97,000 as equity risk premiums dipped below 3%, signaling renewed risk appetite in crypto markets. On-chain data and technical indicators point to continued bullish momentum for Bitcoin despite mixed stock performance.

Bitcoin hovered near $97,000 ahead of the US Fed policy meeting, sparking a broad altcoin rally that pushed the global crypto market cap to $3 trillion. Traders also tracked surging volumes, Fed interest-rate expectations, easing geopolitical tensions, and Ethereum’s Pectra upgrade.

The UK financial regulator is considering a ban on consumers using borrowed funds to purchase cryptocurrencies following sharp post-election price rises, aiming to rein in speculative leverage and protect retail investors.