#U S President Donald Trump is about to decide on the nominee for Federal Reserve Chair according to White House National Economic Council Director Kevin Hassett, with a decision expected in the next one or two weeks. Hassett stated that he considers it an honor to be considered for this position.
The market is watching this announcement very closely because the stance of the Federal Reserve Chair directly impacts future interest rates and liquidity policy. If the new Chair takes a dovish approach, the crypto and stock market may receive strong bullish support, whereas a hawkish stance could put pressure on the markets.
For this reason, traders and investors are currently in wait-and-watch mode. After Trump's final decision, a sharp movement in Bitcoin and global markets may be observed.
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