The sky in the cryptocurrency world is about to change! Trump has pointed to a candidate for the next chairman of the Federal Reserve, and Hassett's election probability has skyrocketed to 76%. This dovish bigwig, who claims "significant rate cuts are necessary," will bring disruptive effects to the crypto market once in office, and a liquidity feast for assets like $BTC is on the way!
Hassett is not an unknown figure; as Trump's core economic advisor, he has long stated the need for aggressive rate cuts, asserting that current interest rates are too high and suppressing the economy. He even advocates bringing the federal funds rate down from 3.75–4.0% to below 3%! And what does the cryptocurrency market thrive on? It's dollar liquidity! Remember in November when $BTC fell below $90,000? The root cause was tightening liquidity. Now, with Hassett's expected rate cuts, it's like handing the crypto market a lifeline + launch fuel!
More importantly, this is not just empty talk! Hassett previously served as a senior economist at the Federal Reserve, familiar with policy operations, and is likely to quickly promote easing after being elected. Previously, the outflow of funds from Bitcoin spot ETFs and institutional caution essentially meant waiting for liquidity signals. Once interest rate cuts are implemented, low-cost funds will inevitably flood into highly elastic crypto assets, with $BTC and $ETH being the first to benefit!
Don't forget that the Trump administration has been friendly towards cryptocurrencies. It recently signed the stablecoin bill to establish a regulatory framework, and now with a dovish Federal Reserve chairman, it's like giving the cryptocurrency market a "policy + liquidity" double buff! Although Hassett will maintain the superficial independence of the Federal Reserve, catering to the demand for interest rate cuts is a sure thing, which is a tangible long-term benefit for Bitcoin.
The cryptocurrency market is currently at a liquidity turning point, and Hassett's election expectations have quietly changed market sentiment. This wave is not driven by retail investors; it is a macro policy tailwind that is about to blow in!
