fedflip

November 30, 2025 – New York, NY
Man, what a way to cap off the holiday weekend. Bitcoin just ripped 8% higher in basically 48 hours and is sitting around $93,500 as I type this. If you stepped away from the charts to stuff yourself with turkey and argue with your uncle about politics, you missed one hell of a move.
The spark? Word on the street (and on every crypto Twitter feed) is that Kevin Hassett – yeah, the same guy who was Trump’s CEA chairman in the first term – is now the frontrunner to take Jerome Powell’s seat at the Fed. Hassett’s got skin in the game: public disclosures show he’s holding north of a million bucks in Coinbase stock alone. That’s the kind of résumé that gets crypto people out of bed at 4 a.m. on a Saturday.
He went on Fox this week and basically said, “If the President asks me to serve, I’m in.” Treasury Secretary-pick Scott Bessent followed that up by telling reporters a decision could drop before Christmas. Translation: markets are pricing in a very crypto-friendly Fed chair who’s likely to slam the rate-cut button harder than Powell ever did. Cheaper dollars = rocket fuel for risk assets. We’ve seen this movie before.
The numbers back it up. BlackRock’s spot Bitcoin ETF sucked in another monster slug of cash this week – we’re talking record inflows two weeks running. Forbes floated a scary-big stat yesterday: up to $6.6 trillion could rotate into risk-on trades globally if the Fed really pivots hard. Bitcoin is the purest “risk-on” barometer on the planet right now.
Everything else is following the king: Ethereum’s back over $3,200 (up 6%), XRP cracked $2.15, even TRON’s waking up at $0.27. The only sour note came out of Beijing – the PBOC put out another “crypto is bad, m’kay” statement and doubled down on the ban – but Asian volumes are a rounding error compared to U.S. and European flows right now. Nobody over here cares what the PBOC thinks on a Sunday night.
One of the old-school analysts I still respect, David Morrison over at Trade Nation, summed it up perfectly in a note this morning: “This feels less like a garden-variety bounce and more like the starting gun for the next leg.” He’s not wrong. Throw in the crypto market-structure bill that’s supposedly getting a Senate vote in December, and the table is set for some serious regulatory tailwinds.
Look, I’ve been in this game long enough to know nothing moves in a straight line. We’ll probably get some wicked shakeouts between now and year-end. But the macro backdrop just flipped from “maybe” to “hell yes,” and the big money is voting with its feet.
So yeah, the bulls are back in the driver’s seat, windows down, music blasting.
You tell me – are you riding this thing or waiting for another dip that might never come?
#Bitcoin #crypto #FedFlip