Bitcoin Hovers at $90K Amid Speculation Over Next Fed Chair

Key Points:

  • Bitcoin trading near $90K with market calm ahead of FOMC meeting.
  • Kevin Hassett projected as next Fed chair.
  • Crypto markets in “wait-and-see” mode due to macroeconomic expectations.

QCP’s market observation on December 3rd notes Bitcoin’s stable trade around $90,000 post-volatility amid anticipation of Federal Reserve’s leadership changes, primarily focused on Kevin Hassett’s potential appointment.

The market’s cautious stance reflects tension over potential Federal Reserve shifts, signaling possible catalysts for Bitcoin and broader crypto volatility following historical precedents.

Bitcoin Stands at $90K Awaiting Fed Decisions

Bitcoin’s recent rebound to around $90,000 follows significant volatility earlier in the week, instigating a period of cautious trading. Market participants are focused on the upcoming Federal Open Market Committee (FOMC) meeting, awaiting decisions that could impact financial markets notably. Anticipated changes in Federal Reserve leadership, with Kevin Hassett positioned as the next chair, have stirred cautious anticipation within the investment community. His appointment is expected to shape future monetary policy, influencing both traditional and crypto markets.

Community reactions to this scenario are marked by nervous anticipation, with investors bracing for possible policy shifts. While no major statements from key figures have been officially recorded, the market’s collective tension is palpable as they prepare for potential macroeconomic shifts.

“Crypto markets are in a surface calm but not relaxed phase, reflecting the importance of upcoming central bank policy shifts with historical precedence for strong market reactions.” – BlockBeats News

Bitcoin Spikes 7% Amid Fed Leadership Speculations

Did you know? Past Fed leadership announcements have historically triggered significant volatility in Bitcoin markets, serving as critical turning points for price trends.

As of December 3, 2025, Bitcoin (BTC) is priced at $93,095.68, with a market capitalization of $1.86 trillion, as per CoinMarketCap. Trading volume for the past 24 hours stands at $85.93 billion, reflecting a 20.56% increase. Notably, BTC’s price has risen 7.17% in the last 24 hours amid macroeconomic considerations.

bitcoin-daily-chart-4701

Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 10:06 UTC on December 3, 2025. Source: CoinMarketCap

Coincu research suggests that upcoming regulatory and monetary policy changes could significantly impact financial markets, especially cryptocurrencies. Factors include anticipated interest rate adjustments and fiscal policies, with potential ramifications for Bitcoin and major altcoins.

Source: https://coincu.com/markets/bitcoin-market-fed-chair-2025/