Bitcoin surpasses 84 thousand dollars, the likelihood of a rate cut from the Fed increases.

Statements by Federal Reserve Member Williams

New York Federal Reserve President John Williams stated in a statement on Friday that there is still room for policy adjustments in the near future. This brings the possibility of a potential interest rate cut in December back onto the table.

Fluctuation in Bitcoin

Struggling against panic selling, Bitcoin managed to rise above $84,000 after falling below $81,000 in the early hours. At the same time, American stock index futures also recorded an increase.

Recent Contracts and Interest Rates

The Federal Reserve's surprise hawkish stance at the end of October led to a rapid decline in Bitcoin prices in recent weeks. Currently, Bitcoin has returned to around $84,000, but this indicates a loss of more than 30% from its record level.