Recent predictions in the market are worth paying attention to—the competition for the next Federal Reserve Chair is reshaping market expectations.

According to the latest data from the two major prediction platforms Polymarket and Kalshi, White House National Economic Council Director Kevin Hasset has a clear lead with probabilities of 54% and 51%, respectively. This economic policy figure is attracting attention for his dovish stance (favoring relatively loose monetary policy). Interestingly, his personal investment portfolio includes Coinbase stock, which has sparked some speculation among crypto market participants about his policy inclinations.

However, this competition is far from settled. The probability of former Fed Governor Kevin Woeh rising from 15% to 40% in just a few days demonstrates a strong upward momentum, currently ranking second. The current Fed Governor Christopher Waller remains in third place, known for his technical expertise within the Fed and a relatively open attitude toward innovative tools like stablecoins. The performance of mainstream cryptocurrencies such as $ETH $ZEC also reflects the market’s sensitivity to these policy changes to some extent.

The three candidates represent completely different policy approaches. Hasset’s rise could mean a more tolerant regulatory environment for crypto assets and looser liquidity policies. Woeh and Waller emphasize practical rationality and technological innovation, with Waller being a particular supporter of stablecoins. How these differences will ultimately influence market liquidity, policy direction, and crypto asset valuation remains a closely watched issue. The key question in the nomination decision is whether policymakers will prioritize policy implementation or professional ability and technical judgment. This choice could become an important variable in the market’s trend in the coming period.