There have been new developments regarding the candidate for Federal Reserve Chair. Trump has publicly stated that interest rate cuts need to be pushed immediately, making this his core criterion for selecting the next Fed Chair. In other words—if you want the position, cutting rates is a must.

Kevin Hassett has become a hot favorite, and it’s no surprise his odds are as high as 99%. He has long made it clear that he would cut rates as soon as he takes office, perfectly aligning with Trump’s demands. With such clear policy direction, the two sides are in complete agreement, leaving little suspense.

On one side, the president wants rate cuts; on the other, the candidate promises them. Once these aligned expectations are confirmed, a rate cut is pretty much guaranteed once the new Fed Chair takes office.

For the crypto market, this is undoubtedly a positive signal. An accommodative liquidity environment has always been favorable for assets like $BTC. The market is digesting this expectation, and the subsequent trend is worth watching.