{"id":8423,"date":"2025-11-19T19:13:12","date_gmt":"2025-11-19T19:13:12","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/crypto-traders-see-bullish-tailwind-hassett-jumps-in-fed-chair-odds\/"},"modified":"2025-11-19T19:13:12","modified_gmt":"2025-11-19T19:13:12","slug":"crypto-traders-see-bullish-tailwind-hassett-jumps-in-fed-chair-odds","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/crypto-traders-see-bullish-tailwind-hassett-jumps-in-fed-chair-odds\/","title":{"rendered":"Crypto Traders See Bullish Tailwind: Hassett Jumps In Fed Chair Odds"},"content":{"rendered":"

Donald Trump has pushed the Federal Reserve back into the center of the crypto macro narrative, telling reporters he \u201calready\u201d knows who should succeed Jerome Powell and triggering a sharp repricing in real-money prediction markets in favor of Kevin Hassett.<\/p>\n

In remarks in the Oval Office, Trump said: \u201cI think I already know my choice,\u201d when asked about the next Fed chair. He added that he would \u201clove to get the guy currently in there out right now, but people are holding me back,\u201d a clear swipe at Powell without naming him. Trump also hinted at the shape of his shortlist, saying, \u201cWe have some surprising names and we have some standard names that everybody\u2019s talking about. And we may go the standard way. It\u2019s nice to every once in a while go politically correct.\u201d<\/p>\n

That was enough to move markets. On Polymarket and Kalshi, contracts on \u201cWho will Trump nominate as Fed Chair?\u201d quickly converged around Hassett, with odds in the mid-40s to high-40s percent range. Jim Bianco summarized the shift by writing: \u201cHe wants Bessent but will take Hassett. The rest get to take selfies in the Oval Office.\u201d In a follow-up, he noted that \u201cHassett (blue) is separating himself from the pack and is on the verge of being the first person to trade over 50%,\u201d as prediction markets pushed his contract well clear of rivals.<\/p>\n

\"Who<\/p>\n

Kalshi\u2019s own social media account underscored the move: \u201cBREAKING: Trump thinks he \u2018already knows\u2019 who will be next Fed Chair. 47% chance it\u2019s Kevin Hassett.\u201d The pseudonymous trader Byzantine General zoomed out to the timeline, pointing out that \u201cPowell\u2019s term ends May next year,\u201d and sketching out a Q2 scenario with \u201ca FED chair that listens to Trump\u201d and \u201ctariff dividends for plebs,\u201d before cautioning that \u201cyou never know with Trump of course, but man, there could be something cooking.\u201d<\/p>\n

What Hassett Could Mean For The Crypto Market<\/h2>\n

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\u2019s preference for easier financial conditions. That is why trader CRG (@MacroCRG), framed the moment as the arrival of a \u201cNew hand picked super dove as Fed chair coming soon.\u201d<\/p>\n

Macro and crypto analyst Alex Kr\u00fcger went further, arguing that the Fed-chair race is the real medium-term driver for risk assets once the current FOMC noise fades. \u201cHere\u2019s the next macro catalyst after the FOMC. A bullish catalyst the market is paying no heed to atm. It\u2019s hard to peer into the horizon when stressed to the marrow about the present,\u201d he wrote, adding that \u201cthe most bullish choices would be Hassett (likely), Rieder (possibly) and Zervos (unlikely).\u201d<\/p>\n

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.<\/p>\n

At the same time, Trump\u2019s 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 \u201cBitcoin as hedge against political and institutional risk\u201d narrative becomes for a subset of allocators.<\/p>\n

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.<\/p>\n

At press time, the total crypto market cap was at $3.11 trillion.<\/p>\n

\"Total<\/p>\n","protected":false},"excerpt":{"rendered":"

Donald Trump has pushed the Federal Reserve back into the center of the crypto macro narrative, telling reporters he \u201calready\u201d 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: \u201cI think I already know my choice,\u201d…<\/p>\n","protected":false},"author":1,"featured_media":8424,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[56,55,36,2521,43,33,827,4056,4057],"class_list":["post-8423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-bitcoin","tag-bitcoin-news","tag-crypto","tag-crypto-market-news","tag-crypto-news","tag-cryptocurrency-market-news","tag-fed","tag-kevin-hassett","tag-next-fed-chair"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/8423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=8423"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/8423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/8424"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=8423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=8423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=8423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}