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Trump's "Federal Reserve Chairman candidate" news shocks the cryptocurrency market, is a change coming?

According to the latest data, Trump revealed that he may soon announce a new Federal Reserve Chairman and mentioned several excellent candidates such as Waller and Hassett; although he favors Bessenet, the latter wants to stay at the Treasury Department.

This matter could have a significant impact on the cryptocurrency market! It's important to know that the selection of the Federal Reserve Chairman is closely linked to the direction of monetary policy. The new Chairman's monetary policy inclination, #International News, will directly affect the liquidity of the US dollar. If it leans towards easing, the dollar will be flooded, and hot money may flow into cryptocurrencies like Bitcoin and Ethereum, driving up their prices; if it leans towards tightening, the dollar will be restricted, and capital in the cryptocurrency market may flow out, putting pressure on the market.

Currently, the cryptocurrency market is at a critical juncture of long and short battles, with Bitcoin and Ethereum experiencing fluctuations recently. Trump's statement undoubtedly throws a “variable bomb” into the already uncertain cryptocurrency market, and the subsequent appointment of the new Chairman is likely to become a key factor in triggering market movements, so cryptocurrency investors should keep a close eye on it!#币圈