New front runner for Fed chair is pro-crypto – violent dollar collapse needed for Bitcoin to rally

Bitcoin’s recent rebound came as traders raised the probability of a December Federal Reserve rate cut, the dollar eased, and attention turned to who will lead the central bank after Jerome Powell’s term ends in 2026. Futures markets moved the odds of a 25-basis-point cut this month into the mid-to-high 80% range, a shift that The post New front runner for Fed chair is pro-crypto – violent dollar collapse needed for Bitcoin to rally appeared first on CryptoSlate.