Wall Street on Alert as Trump’s New Power Duo Could Ignite a Bitcoin Supercycle

Wall Street is watching closely as President Trump's potential appointments of Kevin Hassett as Fed Chair and Scott Bessent as Treasury Secretary could create a powerful duo poised to reshape U.S. monetary policy. This alignment between the Fed and the Treasury, reminiscent of the 1940s and 1950s, is expected to prioritize growth over austerity, potentially leading to coordinated debt management, soft-capping yields, and increased liquidity.

Experts suggest this regime rewrite would favor risk assets like stocks and Bitcoin, as both Hassett and Bessent advocate a growth-first ideology. Bessent predicts strong GDP growth, and Hassett is described as extremely bullish on Bitcoin and equities, labeling him a "turbo dove." This environment is seen as favorable for Bitcoin, potentially unlocking a supercycle.

However, analysts caution about short-term liquidity concerns due to tightening in the banking sector and slower fiscal spending, which might temporarily suppress the anticipated rally. Despite this near-term choppiness, the long-term outlook suggests the end of the "higher for longer" interest rate era, driven by a strategic intent to weaken the dollar to boost exports and encourage reshoring.

(Source：BeInCrypto)