Thanksgiving late night, all lines rise! Fed, big news on interest rate cut!

Trump suggests the next Fed chair might be him?
Last night, the cryptocurrency market suddenly staged a "big counterattack": Bitcoin surged over 4%, Ethereum briefly rose over 3%, and popular coins like HYPE, BNB, and SOL also increased over 3%. By the morning of the 28th, the price of Bitcoin had surpassed $91400, rebounding over 13% from last week's low!
🔥 Two major driving forces behind the big pump:
1. Oversold rebound: Bitcoin has dropped from its yearly high of $126,000 to the $80,000 level, with a significant pullback, and the technical rebound momentum is strong.
2. Expectations for interest rate cuts heat up: The market is betting frantically that the Fed will soon cut interest rates! Currently, the CME "FedWatch" shows that the probability of a 25 basis point cut in December has soared to 84.9%, completely igniting bullish sentiment.
🏛️ Is he the next Fed chair?
Latest news reveals: White House economic advisor Kevin Hassett has become the top candidate for the next chairman of the Fed. As a confidant of Trump, he is seen as a representative of the "doves" and has publicly stated, "If I were chairman, I would cut interest rates right now." Once he takes office, a more accommodative monetary policy can be expected!
⚠️ But be careful, is the "Trump trade" falling apart?
Despite the rebound in cryptocurrency prices, Bitcoin is still down more than 27% from its peak. Nobel laureate Paul Krugman sharply commented: "Bitcoin has become a bet against 'Trumpism.'" As Trump's poll support rate drops to 38%, Bitcoin also suffers a setback.
He stated more frankly: Bitcoin has never found practical use and behaves more like a "high-volatility tech stock." How much longer can this carnival, driven by politics and liquidity, last?