President Donald Trump has announced that he has selected a person for the position of Chair of the Federal Reserve and will announce it soon. This is an important message because the Fed chair has significant power over interest rates and economic direction.

Market Impact:

• The stock and bond markets may experience volatility because the person Trump selects may indicate different monetary policy directions (Dovish/Hawkish).

• If it is a Dovish person (supports lowering interest rates) → the prices of BTC, ETH, and stocks may rise due to easier cash flow.

• If it is a Hawkish person (supports raising interest rates) → the market may slightly decline due to tight cash trade.

• The lack of an announced name makes the market anxious—volatility increases until more detailed information is available.