#美联储恢复降息进程 The next head of the Fed is coming?

The name Hassett has recently been making waves in the crypto circle. The market has assigned him a 76% probability of being elected. This former senior economist at the Fed has a classic dovish style—publicly calling for significant interest rate cuts and stating that the current rates are suffocating the economy. His goal is clear: to cut the federal funds rate from the current 3.75-4.0% to below 3%.

Why is the crypto world so concerned? Simply put, liquidity is the lifeblood of the crypto market. The core reason for Bitcoin dropping below $90,000 in November was due to the tightening of USD liquidity. Hassett's contribution is not just a nice addition, but rather a timely help — the expectation of interest rate cuts can directly ease the current tightness of capital, and also leave ample room for imagination for future market trends.

The key is that this person knows how to push policies. Having worked for many years at the Fed, they know how to implement easing measures. Currently, funds for Bitcoin spot ETFs are continuously flowing out, and institutions are watching, waiting for a clear signal of liquidity turning. Once interest rate cuts are realized, those low-cost funds will prioritize entering high-elasticity assets, $BTC and $ETH are sure to be the first beneficiaries.

The timing is also quite perfect. The current government is already friendly towards cryptocurrencies, the stablecoin bill has just been implemented, and the regulatory framework has become clear. And with a Fed chairman advocating for easing? Policy support coupled with liquidity easing, a double buff stacked up.

Don't expect the Fed to be completely independent—market-oriented figures like Hassett will definitely respond to calls for interest rate cuts. For the cryptocurrency market, this is a long-term solid positive. We are now at a liquidity turning point, and the news that Hassett may assume a position has actually been quietly changing market expectations. Cognitive differences lead to differences in returns, and the market always rewards those who can see further.