Bitcoin Breaks $91,000 as Trump Signals Hassett for Fed Chair
Bitcoin briefly surpassed $91,000 on Dec. 3 after former White House economic advisor Kevin Hassett emerged as a potential Federal Reserve chair nominee, Trump said at a cabinet meeting. U.S. tech stocks rose alongside the cryptocurrency on market expectations that a Fed leadership change in June could accelerate monetary easing. A BiyaPay analyst noted sustained easing expectations—driven by peak interest rates and improving liquidity—could benefit technology and crypto assets, though volatility may rise if employment or inflation data disappoint.