Trump's Federal Reserve Chair Pick Has Rocked the Cryptocurrency Market, Is It About to Change?

According to the latest data, Trump has hinted that he may soon announce a new Fed Chair, mentioning several outstanding candidates, including Warsh and Hassett. While he favors Bensent, Bensent wants to stay at the Treasury Department.

This matter has a significant impact on the cryptocurrencies! The Fed Chair selection is closely linked to the direction of monetary policy. The new Chair's monetary policy stance directly impacts US dollar liquidity. If the Fed's monetary policy leans towards easing, hot money could flow into cryptocurrencies like Bitcoin and Ethereum, driving up prices. If the Fed's monetary policy leans towards tightening, the US dollar could lead to capital outflows, putting pressure on the market.

The cryptocurrencies market is already at a critical juncture in the bull-bear game, with Bitcoin and Ethereum experiencing recent volatility. Trump's statement has undoubtedly thrown another "variable bomb" into the already uncertain crypto market. The subsequent selection of the new Chair is likely to be a key factor in triggering market fluctuations, so crypto investors should keep a close eye on it! #美股代币化 #特郎普