Trump dropped a hint over the weekend – he's apparently made up his mind about who's getting the Fed chair gig, but he's keeping cards close to his chest. When pressed about whether Kevin Hassett (the guy running his National Economic Council) is the pick, Trump played coy and didn't confirm anything.
Hassett himself chimed in saying he'd be cool with whatever role comes his way. Classic political non-answer, right?
Why does this matter? Well, whoever lands in that Fed chair is basically steering US monetary policy. That means interest rate decisions, which ripple through everything from traditional markets to crypto. Tighter policy usually means risk assets take a hit. Looser policy? That's when things get interesting for alternative investments.
The speculation game continues, but one thing's clear – the market's watching this nomination closely. Any shift in Fed leadership could mean a whole new ballgame for how monetary policy plays out in the coming years.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
9
Repost
Share
Comment
0/400
DefiPlaybook
· 7h ago
According to the data, the impact coefficient of changes in the Fed Chair on the crypto market is approximately between 0.73 and 0.89... But to be honest, haven't we seen enough of these "hinting without saying" tactics? It’s worth noting that, based on historical on-chain data, every time there is a shift in monetary policy expectations, the volatility of major coins shows a significant nonlinear increase. The specific analysis is as follows—under tighter policies, the TVL of stablecoins actually increases by 15-30%. The logic behind this is quite interesting.
View OriginalReply0
BTCRetirementFund
· 8h ago
Playing guessing games again... I'm really tired of Trump's noncommittal attitude on this. Is it Hassett or someone else? Can't they just say it directly? Seriously, the Fed chair decision has a huge impact on the crypto space. One move in interest rates and everything shifts—everyone's holding their breath waiting.
Let's just wait for that moment when the policy loosens. That's when the real celebration begins, haha.
View OriginalReply0
rekt_but_vibing
· 16h ago
Can Hassett really do it... Feels like this guy might mess up the Fed's pace.
View OriginalReply0
GasFeeSobber
· 12-01 19:02
The Fed chairman's matter... can really influence the direction of the crypto world, we need to keep a close watch on this.
View OriginalReply0
just_another_fish
· 12-01 13:33
Playing the guessing game again, I'm tired of Trump's tricks.
Is Hassett really going to take over? Then the good days in the crypto world might be coming.
Wait, does the change of the Fed chairman really have such a big impact on us retail investors...
If the Fed eases up, I need to act quickly.
Can we not have another false alarm this time, I really hope for something concrete.
View OriginalReply0
GasFeeTherapist
· 12-01 13:31
The selection of the Fed chair... why does it feel more nonsensical than the rise and fall of coin prices, haha
---
It's the same old trick of "I said nothing," politicians are really incredible
---
If loose monetary policy comes, we will have hope; if it's tight, we'll have to watch the coins get smashed
---
This guy Hassett is too seasoned, not confirming anything is the best response
---
Wait, can this guy really change the entire market direction? It feels a bit exaggerated
---
Changing the Fed chair = the market has to relearn the rules, this uncertainty is a bit annoying
---
To put it bluntly, it's just gambling, betting on who will take the seat and how he will play the game.
View OriginalReply0
BlockchainArchaeologist
· 12-01 13:30
Playing mind games again... This time it's the position of the Fed chair, really, every time before such an official announcement, the "I haven't said anything" is the biggest statement.
Once the interest rate changes, the crypto world either celebrates wildly or gets slaughtered, long accustomed to being toyed with by Washington's decisions.
Hassett's words sound like "I'm willing to do anything," a typical slippery Wall Street style... The market next year will depend on how this gentleman makes his move.
View OriginalReply0
LightningAllInHero
· 12-01 13:24
The selection of the Fed chairman can really determine the life and death of the crypto world.
What is Hassett pretending for? Doesn't he know what's going on in his heart?
As soon as the Intrerest Rate eases, we make a profit, it's that simple.
They're starting to drag their feet again, I'm really annoyed by this trap of bureaucratic style.
Trump loves to keep people in suspense, who is it? Hurry up and say it.
If there's really a change this time, I need to adjust my positions again.
View OriginalReply0
DAOdreamer
· 12-01 13:21
The selection of the Fed chairman is essentially a bet on the direction of the Intrerest Rate; crypto is at the mercy of fate.
Trump dropped a hint over the weekend – he's apparently made up his mind about who's getting the Fed chair gig, but he's keeping cards close to his chest. When pressed about whether Kevin Hassett (the guy running his National Economic Council) is the pick, Trump played coy and didn't confirm anything.
Hassett himself chimed in saying he'd be cool with whatever role comes his way. Classic political non-answer, right?
Why does this matter? Well, whoever lands in that Fed chair is basically steering US monetary policy. That means interest rate decisions, which ripple through everything from traditional markets to crypto. Tighter policy usually means risk assets take a hit. Looser policy? That's when things get interesting for alternative investments.
The speculation game continues, but one thing's clear – the market's watching this nomination closely. Any shift in Fed leadership could mean a whole new ballgame for how monetary policy plays out in the coming years.