Trump's former economic advisor Hassett recently made a public statement: if Trump nominates him as the chairman of the Fed, he will accept.

Once this was said, the market began to ponder. Hassett is not a stranger; he was the chairman of Trump's Council of Economic Advisers during his first term and was involved in the formulation of several key economic policies. Now that he has taken the initiative to express his views, the timing is quite delicate.

How critical is the position of the Fed Chair? To put it simply, it involves controlling interest rate pricing. When interest rates rise, market liquidity tightens; when they fall, the cost of funds decreases. The cryptocurrency market is particularly sensitive to this—last year, when interest rates remained high, BTC retraced more than 60% from its peak; this year, as soon as the expectations for rate cuts emerged, the market reacted immediately.

If Hassett really takes office, what will his policy ideas be like? This is an unknown. In the past, he tended to favor tax cuts and deregulation to stimulate the economy, but when it comes to monetary policy, his style may be completely different from that of the current chairman Powell. What the market fears most is a sudden shift in policy direction—whether it is aggressive rate cuts or unexpected rate hikes, sharp volatility is almost inevitable.

For cryptocurrency investors, this uncertainty is both a risk and an opportunity. Policy shifts often come with short-term fluctuations but can also bring about new trends. It is still too early to talk about "get-rich-quick opportunities"; a more practical approach is to pay attention to the follow-up developments regarding Fed personnel changes and the market's changing expectations of policy.

As for whether Trump will really nominate Hassett? It depends on many factors—political considerations, market reactions, and even his own decision-making style. But one thing is certain: any move by the Fed will make the crypto world anxious.