The Fed Chair Transition Surprises with a 'Dark Horse'! The Crypto Circle May Welcome a Rate Cut Celebration, but a Regulatory Storm is on the Way

The transition of the Fed Chair has suddenly introduced two 'dark horse candidates' — former St. Louis Fed President Bullard and economic advisor Summers from the Bush era, along with the original front-runners Waller, Walsh, and Harker, shaking the nerves of the crypto circle in this power game.

If the new candidates take office, a rate cut in September is highly likely, with the market betting the probability has soared to 85%. Liquidity easing will directly benefit risk assets like Bitcoin, but don't rush to celebrate! Although Waller and other 'doves' support a rate cut, they scoff at altcoins, advocating for strict regulation of stablecoins and accelerating DeFi legislation. If the new Chair accelerates a policy shift, mainstream coins may see a surge, but worthless tokens will face a bloodbath; compliant stablecoins and on-chain financial agreements will be the long-term winners.

Crypto players, keep a close eye on the Senate hearing — if the independence of the Fed is compromised, a dollar credit crisis would be the biggest black swan! #BTC重返12万 #ETH突破4300

Don't wait until your contract is liquidated to remember me! Follow Long Ge, and next time I'll help you escape the peak 3 seconds in advance!