Bitcoin climbs 1.5% towards $84,000 after New York Fed President Williams sees no rate hikes in 2027
Bitcoin rose 1.5% to just under $83,900 in Wednesday Asian morning hours. New York Fed President John Williams stated he saw no need for further rate hikes in 2027, which weakened the dollar and lifted stocks across Asia. Williams did suggest one more hike this year might be appropriate. Major tokens like ZEC, SOL, DOGE, and Ether also saw broad gains. Meanwhile, Samsung Electronics and SK Hynix rallied, snapping a five-day losing streak, and Brent crude oil climbed 0.7% to about $106 a barrel amid Middle East attacks.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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