Prediction market bets heat up: Big speculation on the probability of the Fed chair candidate

There is an interesting phenomenon worth following at [Block Rhythm] - bets on the new Fed chair candidate on the encryption prediction platform have recently been very popular.

According to market data, as of December 23, investors are most optimistic about Hasset becoming the next Fed chairman, with a betting probability of 61%. Next is Walsh, with a probability of 21%, and Waller's probability is 10%.

These numbers reflect the market's collective expectations regarding the direction of U.S. economic policy. Insiders have revealed to the media that U.S. President Trump may announce the new Fed chair nominee in the first week of January next year.

To be honest, the data changes in this type of prediction market often reflect shifts in market consensus in advance. For traders who follow macroeconomic and policy trends, these probability changes are, in themselves, a process of the market pricing the future. The choice of the Fed chairman will inevitably influence future interest rate policies and monetary policy directions, which will in turn have a profound impact on the entire cryptocurrency market and global asset allocation.