Next week, the Christmas market is coming, and I've been paying attention to the recent news about the Fed chair nomination, only to realize how big an impact this has on the crypto world😅

I heard that GDP and unemployment data will be released next week. Do these things seem to directly influence the market trend? But to be honest, these economic terms still confuse me a bit… Kevin Hasset has the highest probability (54%) of becoming Fed Chair. What does that mean? Will it affect the Fed's future interest rate cuts?

Most importantly, changes in macro policies will eventually be transmitted to the crypto market, so I need to study the relationship between Fed policies and crypto prices carefully this week. Can any experts explain why the change of Fed Chair is so important to Bitcoin? I feel like I still need to brush up on macroeconomics🤔