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Bitcoin climbs toward $84,000 after Fed’s Williams sees no rate hikes in 2027

ZEC led a broad bounce among major tokens, and Korean chipmakers snapped a five-day losing streak ahead of Thursday’s U.S. inflation data.

Bitcoin climbs toward $84,000 after Fed’s Williams sees no rate hikes in 2027
CoinDesk
AI summary

Bitcoin climbed toward $84,000 after New York Fed President John Williams indicated he does not expect rate hikes in 2027, easing fears of tighter monetary policy. Zcash (ZEC) led a broad bounce among major tokens, and Korean chipmakers ended a five-day losing streak ahead of Thursday's U.S. inflation data. Traders are watching the upcoming inflation print for further direction, as dovish Fed commentary and a recovery in risk assets support crypto prices.

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