BiyaPay Analyst: Trump Endorses Hassett to Take Over Fed, Bitcoin Surges Alongside US Tech Stocks

BlockBeats News, December 3rd: During a cabinet meeting, Trump strongly hinted that former White House economic advisor Hassett may become the next Fed chairman. The market speculated that under the leadership of the new chairman in June next year, the easing pace may accelerate. US tech stocks rose in parallel with Bitcoin, which briefly broke through $91,000. A BiyaPay analyst stated that if the easing expectations continue to strengthen, a combination of interest rate peaking and liquidity improvement will benefit the tech sector and crypto assets. However, if subsequent employment and inflation data fall below expectations, volatility may increase. It is recommended to use BiyaPay's multi-asset account to diversify allocations among US tech stocks, crypto assets, and money market funds, control leverage, and gradually enter the market.