John Williams


Markets

Bitcoin Bounces Above $84K as Fed's Williams Puts December Rate Cut Back on Table

Previously having essentially written off chances of further monetary ease in 2025, interest rate traders are now pricing more than a 70% chance of a rate cut at the Federal Reserve's December meeting.

The Federal Reserve Bank of New York is leading a program to test the use of digital tokens to settle transactions among financial institutions. (Shutterstock)

Videos

Bitcoin Falls Under $20K Again; NY Fed President Expects Interest Rates to Stay High

Bitcoin (BTC) and ether (ETH) could be in turmoil as Glassnode’s open interest leverage ratio hits record high. Plus, New York Federal Reserve President John Williams expects interest rates to remain high until inflation eases.

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John williams | Latest Cryptocurrency News, Bitcoin & Crypto Updates 2025