COINOTAG News, citing FXStreet, reported on December 9 that former White House National Economic Council Director Kevin Hassett said he would follow the president’s direction on naming a Fed Chair. He added the Fed still has room to cut rates, listing Bostic as the preferred candidate.

In crypto markets, traders weigh macro policy signals. A data‑driven stance and potential rate cuts could ease liquidity, potentially supporting risk assets, including Bitcoin and other tokens, as investors price in policy trajectories.

The report underscores the link between official guidance and crypto sentiment. As policymakers prioritize data, market participants should monitor credible macro indicators for implications on digital assets and broader cryptocurrency valuations.