The Fed is about to change leadership, will Bitcoin soar?
Attention, crypto world! Trump will start the final interviews for the Fed Chair this week. Although he claims "there's already a candidate in mind," Powell's successor has not yet been determined.
Currently, White House economic advisor Hassett is the front-runner, but the final candidate won't be announced until early 2026, which raises the suspense!
What impact will this have on the crypto world? The answer is straightforward: the head of the Fed decides whether the U.S. will raise interest rates or inject liquidity. If the new chair is a dove, the expectation of rate cuts will suppress the dollar, likely leading to a flood of funds into Bitcoin, which is a tangible long-term benefit. Even if the candidate is undecided, the expectation of a leadership change will itself stir the market and ignite the topic's popularity.
How should retail investors play this? Remember three tips to stay calm:
1. Short-term news will be repeatedly hyped, and market sentiment will likely fluctuate wildly; hold onto your spot and don't get shaken out;
2. In the medium term, closely monitor U.S. inflation and economic data, as these are the core factors affecting Fed policy, more reliable than the chair candidate;
3. In the long run, the growth trend of digital currencies is irreversible; accumulate mainstream coins on dips, and holding is the key principle.
Big events are approaching, and the market is bound to be turbulent. Stay attentive, remain rational, and hold your positions until the winds change! Don't know the entry and exit points? Come to my chat room
