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💥Explosion! Is the new chairman of the Federal Reserve already decided? With a 76% chance of being elected, he will deliver a trillion-dollar liquidity gift to the cryptocurrency market!
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!
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!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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