Could the choice of the Fed chair become the next breakout point for BTC?
According to Galaxy Digital CEO Mike Novogratz's recent view, if the next Fed chair adopts a more accommodative monetary policy stance (replacing current chair Powell), Bitcoin and the entire crypto market could see a significant rally. This seasoned investor believes that a shift in the Fed's policy direction could become the strongest bullish catalyst for the crypto space.
In other words: the logic chain of hawkish chairman stepping down → dovish chairman taking office → liquidity easing → BTC taking off is being formed. The selection of the head of the Fed is becoming the focus of attention for both Wall Street and the cryptocurrency circle.
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Could the choice of the Fed chair become the next breakout point for BTC?
According to Galaxy Digital CEO Mike Novogratz's recent view, if the next Fed chair adopts a more accommodative monetary policy stance (replacing current chair Powell), Bitcoin and the entire crypto market could see a significant rally. This seasoned investor believes that a shift in the Fed's policy direction could become the strongest bullish catalyst for the crypto space.
In other words: the logic chain of hawkish chairman stepping down → dovish chairman taking office → liquidity easing → BTC taking off is being formed. The selection of the head of the Fed is becoming the focus of attention for both Wall Street and the cryptocurrency circle.