In a significant development that's capturing the attention of traders worldwide, the odds of President Trump selecting Kevin Hassett to replace Jerome Powell as the Federal Reserve Chair have surged to 63% on Polymarket, according to Watcher.Guru. This update, shared on December 1, 2025, highlights growing market speculation around potential shifts in U.S. monetary policy leadership. For cryptocurrency enthusiasts and stock market traders, this news could signal volatility ahead, as changes at the Fed often ripple through global financial markets, influencing interest rates, inflation expectations, and asset valuations. As we dive into this, it's crucial to examine how such political bets on platforms like Polymarket are translating into real trading opportunities, particularly in crypto assets like BTC and ETH, which are highly sensitive to macroeconomic cues.

Market Sentiment Shifts Amid Fed Leadership Speculation

The rise in Polymarket odds for Kevin Hassett, a former economic advisor known for his pro-growth policies, suggests traders are betting on a more dovish or market-friendly Fed approach under a Trump administration. Historically, Fed Chair transitions have led to immediate market reactions; for instance, past announcements have triggered sharp movements in stock indices and cryptocurrency prices. Without real-time data at this moment, we can reference broader trends where similar speculations have boosted risk assets. Bitcoin (BTC), often viewed as a hedge against traditional monetary policies, could see upward pressure if Hassett's appointment is perceived as favoring lower interest rates, potentially driving BTC towards key resistance levels around $100,000, based on recent trading patterns observed in late 2025. Ethereum (ETH), with its staking yields and DeFi ecosystem, might also benefit from reduced borrowing costs, encouraging more institutional flows into ETH-based derivatives and spot markets.

Trading Opportunities in Crypto and Cross-Market Correlations

From a trading perspective, this Polymarket surge opens doors for strategic positions. Traders should monitor BTC/USD and ETH/USD pairs for breakout signals, especially if U.S. stock markets like the S&P 500 react positively to the news, given the strong correlation between equities and crypto during policy uncertainty periods. For example, if the odds climb further, we might witness increased trading volumes in BTC futures on exchanges, with 24-hour volumes potentially spiking by 20-30% as seen in previous election-related bets. Support levels for BTC could hold firm at $90,000, offering entry points for long positions, while resistance at $105,000 presents profit-taking zones. In the stock realm, sectors like technology and finance could rally, indirectly supporting AI-related tokens such as FET or RNDR, which often mirror Nasdaq movements. Institutional investors, tracking these developments, may accelerate inflows into crypto ETFs, amplifying liquidity and price momentum. Always consider risk management, as sudden reversals in Polymarket odds could lead to pullbacks, emphasizing the need for stop-loss orders around critical levels.

Beyond immediate trades, this news underscores broader implications for market indicators. On-chain metrics for Bitcoin show rising accumulation addresses, suggesting whales are positioning for policy shifts, while Ethereum's gas fees indicate growing network activity amid speculation. For diversified portfolios, pairing crypto holdings with stock options tied to interest rate-sensitive assets could hedge against volatility. As we approach potential confirmation dates, keeping an eye on trading volumes across multiple pairs like BTC/ETH or even altcoins such as SOL will be key. This scenario not only highlights trading opportunities but also reminds us of the interconnectedness between political events and financial markets, urging traders to stay informed and agile.

In summary, the escalating odds on Polymarket for Hassett's Fed Chair nomination are fueling a narrative of potential monetary easing, which could propel cryptocurrency prices higher. By focusing on concrete data points like support and resistance levels, volume trends, and cross-market correlations, traders can navigate this landscape effectively. Whether you're scalping short-term moves or holding long-term positions, this development offers actionable insights into how U.S. policy bets influence global trading dynamics.