The Chairman of the New York Federal Reserve stated that there is no need to raise interest rates in 2027, and Bitcoin has risen by 1.5%

John Williams, the President of the New York Federal Reserve, stated that there is no need to raise interest rates in 2027 as the US dollar weakens and Asian markets rise in sync. Bitcoin rose 1.5% to nearly $83900, Zcash rose nearly 7%, Solana and Dogecoin both rose 2.5%, and Ether rose 2%. The US inflation report released on Thursday will affect whether the Federal Reserve will raise interest rates again this year and whether Bitcoin can retest $85000.