#数字资产市场动态 Sudden Weather Change! Trump Fed Nominee Controversy, Cryptocurrency Market Faces Impact



Today, a big news broke—Trump suddenly changed his mind and withdrew the nomination of Hasset for the Federal Reserve Board. How strong was the market reaction? U.S. Treasuries plummeted, with the 10-year yield soaring directly to 4.23%, the highest since September last year.

The question is: who might replace him? Former Fed Governor Wosh. This guy’s style is completely different—an hawkish figure, known for advocating rate hikes during the financial crisis. Market predictions put his chances of appointment at around 60%.

Why is this so important for the crypto market? Simply put, it’s a logical chain: hawkish dominance → no rate cuts expected → interest rates stay high → risk assets under pressure. $BTC, $ETH, and similar assets fear a prolonged high-interest environment. Additionally, the Supreme Court is about to rule on the tariffs case, which will directly impact Trump’s economic policy space. The convergence of these two events sharply increases market uncertainty.

Currently, Hasset remains in the White House, with Trump saying he is "too critical." But the Fed’s final candidate has not been confirmed yet, and global markets are holding their breath for the outcome.

What do you think? If hawks take over, is the risk for the crypto sector greater or does it present an opportunity? Increase positions, hold, or sell off?
BTC-0.80%
ETH-1.69%
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