CryptoCoinDeskabout 2 hours ago
Bitcoin Climbs to $83,900 on Fed Comments
2 min read
Bitcoin rose 1.5 percent to nearly $83,900 after New York Fed President John Williams stated he sees no need for further rate hikes in 2027. This comment weakened the dollar and lifted Asian markets, with ZEC gaining nearly 7 percent and Solana rising 2.5 percent. Thursday's U.S. inflation report will determine if the Fed raises rates once more this year.
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