Bitcoin climbs toward $84,000 after Fed’s Williams sees no rate hikes in 2027
Summary
Bitcoin gained 1.5% to just under $83,900 as comments from New York Fed President John Williams weakened the dollar and supported Asian stocks. Williams saw no need for further rate hikes in 2027 but said one more hike this year could be appropriate. ZEC rose nearly 7%, while major tokens including SOL, DOGE and ether also advanced. Asian equities and chipmakers rebounded after recent losses. Oil continued climbing amid renewed Middle East tensions, with Brent near $106 a barrel. U.S. inflation data due Thursday may influence rate expectations and bitcoin’s chance of retesting $85,000.
