Fed Chair Selection Could Unleash Bitcoin’s Most Powerful Bull Run, CEO Predicts
Washington's next monetary mover might trigger crypto's ultimate breakout.
The Federal Reserve's leadership shuffle carries more weight for digital assets than any regulation or ETF approval. When the world's most powerful central bank changes captains, Bitcoin becomes the lifeboat.
Policy Puppeteer or Crypto Catalyst?
A dovish Fed chair could send institutional money fleeing toward hard assets. Bitcoin's fixed supply looks mighty attractive when central printers go brrr. Traditional finance veterans scoff—until their bonds yield less than a savings account.
Wall Street's worst nightmare? A monetary policy rebel who understands digital scarcity. The establishment would rather see another banking crisis than admit sound money doesn't need their approval.
Remember when interest rates were something you actually earned? Neither do we.
Dovish Fed Could Send Bitcoin Higher
Novogratz said during an interview with Kyle Chasse published on YouTube that if the Fed begins cutting when it probably should not, and a strongly dovish chair is installed, investors could rush into assets like Gold and Bitcoin.
Based on reports, he suggested a scenario where markets chase higher prices in a short span, producing what traders call a blow-off top. He also allowed that bitcoin could reach $200K under that set of conditions.
Markets Won’t React Until The Pick Is Real
Reports have disclosed that US President Donald TRUMP has narrowed his shortlist to three names: White House economic adviser Kevin Hassett, Federal Reserve Governor Christopher Waller, and former Fed Governor Kevin Warsh.
Trump told reporters on Sept. 6 that those were the top three. Novogratz said markets often wait for official action, so a rally of the size he described may not begin until a decision is announced and investors are sure of the policy shift.
Daleep Singh, vice chair and chief global economist at PGIM Fixed Income, agreed that the Fed could act quite differently after Powell’s term ends in May 2026.
According to Singh, the risks to the dollar may be skewed to the downside if policymakers turn more dovish. Novogratz warned this could erode the Fed’s independence and produce broader problems for the US economy, even as it lifts prices of risk assets.
Recent Moves Add ContextThe Fed delivered its first rate cut of 25 basis points in September, a MOVE markets largely expected. Reports show that Governor Waller had been urging a cut as early as July, which highlights the range of views inside the system.
Those past steps help explain why some investors now talk about how far policy could tilt and how big an impact that might have on crypto.
Featured image from Pixabay, chart from TradingView