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

Bitcoin rose 1.5% to just under $83,900 as of Wednesday Asian morning hours. New York Fed President John Williams said he saw no need for further rate hikes in 2027, which weakened the dollar and lifted stocks across Asia. ZEC led the majors, jumping nearly 7% to about $1,270. SOL and DOGE each gained 2.5%, and ether rose 2% to about $2,520. XRP, BNB and HYPE added between 1% and 2%, while TRX lagged with a gain of less than 1%, according to CoinDesk data. Williams did say one more hike this year may be appropriate.