Pepe Coin (PEPE) has surged 6% to $0.000004605, recovering from a recent 15% decline. The cryptocurrency has seen an 18% increase over the past week, with daily trading volumes surpassing $240 million. This rise comes amid broader market volatility as over $15 billion in Bitcoin, Ethereum, and XRP options are set to expire, potentially heightening market fluctuations. Bitcoin remains above $91,000, with traders eyeing a close above $92,000 to confirm a new uptrend. Additionally, the Federal Reserve is expected to cut interest rates by 25 basis points in December, with an 80% probability. Meanwhile, bipartisan progress on a crypto market structure bill could alleviate liquidity and regulatory concerns, potentially benefiting meme coins like Pepe, Fartcoin, and SPX6900.