According to Polymarket, BlackRock’s Chief Investment Officer – Rick Rieder is the leading candidate for the next FED Chair 👀
📊 Current probability:
🥇 Rick Rieder (BlackRock): 47%
🥈 Kevin Warsh (former FED Governor): 29%
🥉 Chris Waller (FED Governor): 9%
⚡ Why is Rick Rieder noteworthy?
Support for lowering the FED interest rate to ~3%
Target:
Stimulating economic growth
Saving the US housing market
A viewpoint that is extremely “different from traditional FED” regarding crypto 👇
🟠 What does Rick Rieder say about Bitcoin?
BTC is a sustainable & legitimate asset
Should be included in the standard investment portfolio
Do not consider Bitcoin as a short-term speculative tool
👉 This is a rare stance from a senior figure at BlackRock
💥 What does the market mean?
If Rick Rieder becomes Chairman of the FED:
🟢 Lower interest rates → risk assets benefit
🟢 Crypto & BTC may be more strongly legalized in terms of narrative
🟢 Institutional money can easily return to the market
🤔 Personal opinion
A FED Chairman from BlackRock, supporting interest rate cuts and publicly considering BTC as a standard asset —
This could be the most “macro bullish” scenario for Bitcoin in many years.
❓ If Rick Rieder really becomes the Chairman of the FED,
How will BTC react? 🚀📉
