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.
Make preferred on
Share this article
Summary
- Bitcoin rose 1.5 percent to nearly $83,900 after New York Fed President John Williams said he saw no need for further rate increases in 2027, weakening the dollar and lifting Asian markets.
- Zcash led major cryptocurrencies with a gain of nearly 7 percent, while Solana and Dogecoin each rose 2.5 percent and Ether added 2 percent.
- Thursday’s U.S. inflation report could determine whether the Fed raises rates once more this year and whether Bitcoin can retest $85,000.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
