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Trump wants interest rates at 1% or below.
And he already has the candidates to make it happen: Warsh or Hassett.
One of these two will be the next Fed President.
Impact on crypto?
Total Win-Win. Bullish no matter how you look at it.
If Hassett wins: Open faucet. Aggressive rate cuts, immediate massive liquidity. Direct fuel for Bitcoin and the sector.
If Warsh wins: Structural option. Critic of CBDCs that fully validates the thesis of solid Bitcoin money.
Whoever it is, Trump’s mandate wants the same thing: cheap money.
Both scenarios benefit the sector through different channels, but both are advantageous.