Donald Trump has pushed the Federal Reserve back into the center of the crypto macro narrative, telling reporters he “already” knows who should succeed Jerome Powell and triggering a sharp repricing in real-money prediction markets in favor of Kevin Hassett. In remarks in the Oval Office, Trump said: “I think I already know my choice,” when asked about the next Fed chair. He added that he would “love to get the guy currently in there out right now, but people are holding me back,” a clear swipe at Powell without naming him. Trump also hinted at the shape of his shortlist, saying, “We have some surprising names and we have some standard names that everybody’s talking about. And we may go the standard way. It’s nice to every once in a while go politically correct.” That was enough to move markets. On Polymarket and Kalshi, contracts on “Who will Trump nominate as Fed Chair?” quickly converged around Hassett, with odds in the mid-40s to high-40s percent range. Jim Bianco summarized the shift by writing: “He wants Bessent but will take Hassett. The rest get to take selfies in the Oval Office.” In a follow-up, he noted that “Hassett (blue) is separating himself from the pack and is on the verge of being the first person to trade over 50%,” as prediction markets pushed his contract well clear of rivals. Kalshi’s own social media account underscored the move: “BREAKING: Trump thinks he ‘already knows’ who will be next Fed Chair. 47% chance it’s Kevin Hassett.” The pseudonymous trader Byzantine General zoomed out to the timeline, pointing out that “Powell’s term ends May next year,” and sketching out a Q2 scenario with “a FED chair that listens to Trump” and “tariff dividends for plebs,” before cautioning that “you never know with Trump of course, but man, there could be something cooking.” Related Reading: Crypto Market Wipes Out $1 Trillion Since October: Analyzing The Forces Behind The Crash What Hassett Could Mean For The Crypto Market For macro-oriented crypto traders, the key is the policy signal embedded in those probabilities. Hassett is widely perceived as more dovish than Powell and more aligned with Trump’s preference for easier financial conditions. That is why trader CRG (@MacroCRG), framed the moment as the arrival of a “New hand picked super dove as Fed chair coming soon.” Macro and crypto analyst Alex Krüger went further, arguing that the Fed-chair race is the real medium-term driver for risk assets once the current FOMC noise fades. “Here’s the next macro catalyst after the FOMC. A bullish catalyst the market is paying no heed to atm. It’s hard to peer into the horizon when stressed to the marrow about the present,” he wrote, adding that “the most bullish choices would be Hassett (likely), Rieder (possibly) and Zervos (unlikely).” Related Reading: Crypto Carnage Continues — Tom Lee Exposes What’s Really Going On The reason crypto traders care is straightforward: crypto assets trade as high-beta, liquidity-sensitive risk assets. A chair seen as more willing to cut rates faster, tolerate easier financial conditions or respond aggressively to equity and growth weakness is, in market logic, a structural tailwind for the long-run liquidity environment that underpins speculative flows into bitcoin and other cryptocurrencies. At the same time, Trump’s open pressure on Powell and his readiness to talk about replacing the Fed chair in overtly political terms reinforce another strand of the crypto thesis. The more investors worry about the politicization of US monetary policy and the erosion of central-bank independence, the more compelling the “Bitcoin as hedge against political and institutional risk” narrative becomes for a subset of allocators. For now, nothing has changed at the Fed. Powell remains in office, and all that has moved is a set of probability distributions on prediction markets. But as those distributions shift toward Kevin Hassett, crypto traders are already treating the prospective hand-off as a latent, potentially significant bullish tailwind building in the background. At press time, the total crypto market cap was at $3.11 trillion. Featured image created with DALL.E, chart from TradingView.com

أعاد دونالد ترامب إشعال النقاشات حول الاحتياطي الفيدرالي من خلال التلميح إلى أنه يعرف بالفعل من يجب أن يخلف جيروم باول، مما أدى إلى ارتفاع في أسواق المراهنات لصالح كيفن هاسيت. أعرب ترامب عن رغبته في استبدال باول، مشيرًا إلى أنه لديه قائمة مختصرة من المرشحين، مما أثر بشكل كبير على توقعات السوق. يعكس هذا التحول التأثير المستمر لترامب في النقاشات الاقتصادية، خاصة في قطاع العملات المشفرة.

Donald Trump ha reavivado las discusiones sobre la Reserva Federal al insinuar que ya conoce a su sucesor preferido para Jerome Powell, lo que ha llevado a un aumento en los mercados de apuestas a favor de Kevin Hassett. Trump expresó su deseo de reemplazar a Powell, indicando que tiene una lista corta de candidatos, lo que ha influido significativamente en las predicciones del mercado. Este cambio refleja la continua influencia de Trump en las discusiones económicas, especialmente en el sector de las criptomonedas.

Donald Trump a ravivé les discussions autour de la Réserve fédérale en laissant entendre qu'il connaît son successeur préféré pour Jerome Powell, entraînant une hausse des marchés de paris en faveur de Kevin Hassett. Trump a exprimé son désir de remplacer Powell, indiquant qu'il a une liste restreinte de candidats, ce qui a considérablement influencé les prévisions du marché. Ce changement reflète l'influence continue de Trump dans les discussions économiques, en particulier dans le secteur des cryptomonnaies.

Donald Trump has reignited discussions around the Federal Reserve by hinting at his preferred successor for Jerome Powell, leading to a surge in betting markets favoring Kevin Hassett. Trump expressed a desire to replace Powell, indicating he has a shortlist of candidates, which has influenced market predictions significantly. This shift reflects Trump's ongoing influence in economic discussions, particularly in the cryptocurrency sector.

Crypto Traders See Bullish Tailwind: Hassett Jumps In Fed Chair Odds

United States President Donald Trump’s family-backed crypto firm has applied for a national trust bank charter, and one of the Senate’s most vocal financial critics wants regulators to stop the process until the President severs his financial ties to the venture. Related Reading: Out Of Office, Into Crypto: Ex-NYC Mayor Debuts ‘NYC Token’ Memecoin According [&#8230;]

دعا أحد أعضاء مجلس الشيوخ الأمريكيين المنظمين المصرفيين إلى وقف عملية الموافقة على طلب الحصول على ترخيص بنك ائتماني وطني مرتبط بشركة العملات المشفرة المدعومة من عائلة دونالد ترامب. تأتي هذه الدعوة وسط مخاوف بشأن تضارب المصالح المحتمل حيث يحتفظ ترامب بروابط مالية مع المشروع.

Un senador de EE. UU. ha instado a los reguladores bancarios a detener el proceso de aprobación de una solicitud de carta de banco fiduciario nacional vinculada a una firma de criptomonedas respaldada por la familia de Donald Trump. Esta solicitud surge en medio de preocupaciones sobre posibles conflictos de interés, ya que Trump mantiene vínculos financieros con la empresa.

Un sénateur américain a appelé les régulateurs bancaires à interrompre le processus d'approbation d'une demande de charte bancaire nationale liée à une entreprise de cryptomonnaie soutenue par la famille de Donald Trump. Cette demande intervient dans un contexte d'inquiétudes concernant les conflits d'intérêts potentiels alors que Trump maintient des liens financiers avec l'entreprise.

A U.S. Senator has called on banking regulators to halt the approval process for a national trust bank charter application linked to a cryptocurrency firm backed by Donald Trump's family. This request comes amid concerns about potential conflicts of interest as Trump maintains financial ties to the venture.

Senator Urges Banking Regulator To Block Crypto Charter Linked To Trump

The crypto market held steady on Tuesday after the U.S. released the December consumer inflation report and as traders focused on the upcoming Supreme Court decision on President Donald Trump&#8217;s tariffs. Bitcoin (BTC) price rose to exceed $94,000, up from&#8230;

ظل سوق العملات المشفرة مستقرًا بينما كان المتداولون ينتظرون قرار المحكمة العليا الأمريكية بشأن الرسوم الجمركية المفروضة خلال رئاسة دونالد ترامب، حيث ارتفع سعر البيتكوين إلى أكثر من 94,000 دولار. تأتي هذه الاستقرار بعد إصدار تقرير التضخم الاستهلاكي لشهر ديسمبر، الذي أثر على معنويات السوق.

El mercado de criptomonedas se mantuvo estable mientras los comerciantes esperaban la decisión de la Corte Suprema de EE. UU. sobre los aranceles impuestos durante la presidencia de Donald Trump, con el precio de Bitcoin superando los 94,000 dólares. Esta estabilidad sigue a la publicación del informe de inflación del consumidor de diciembre, que ha influido en el sentimiento del mercado.

Le marché des cryptomonnaies est resté stable alors que les traders attendaient la décision de la Cour suprême des États-Unis concernant les tarifs imposés sous la présidence de Donald Trump, le prix du Bitcoin dépassant 94 000 $. Cette stabilité fait suite à la publication du rapport sur l'inflation des consommateurs de décembre, qui a influencé le sentiment du marché.

The cryptocurrency market remained stable as traders awaited the U.S. Supreme Court's decision regarding tariffs imposed during Donald Trump's presidency, with Bitcoin's price rising to over $94,000. This stability follows the release of the December consumer inflation report, which has influenced market sentiment.

Crypto Traders See Bullish Tailwind: Hassett Jumps In Fed Chair Odds

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