Federal Reserve "dovish" candidate changes, can Bitcoin break through 100,000?

Bitcoin reached a critical moment in early 2026. As the price approached the $100,000 mark, a statement from White House personnel dampened the market’s enthusiasm.

Trump Reverses Stance, Disrupting Market Expectations

According to the latest reports, Trump recently changed his previous stance at the White House. It was widely believed that White House economic advisor Hassett would succeed as Federal Reserve Chair, but Trump suddenly stated that “he prefers Hassett to stay in his current position,” describing his transfer as “a serious concern.” This change quickly shattered market expectations of Hassett taking the helm.

Market Sentiment Reverses

Data from the prediction market Polymarket immediately reflected this change—Hassett’s chances of winning dropped significantly, while his main competitor, former Fed Governor Kevin Warsh,'s chances rose to nearly 60%. What does this shift mean for Bitcoin?

Dovish Candidate Influences Cryptocurrency Prices

Analysts point out that Hassett is generally seen as a more dovish policymaker. If he leads the Fed, expectations of rate cuts in 2026 will intensify, which usually benefits Bitcoin and other risk assets. Conversely, Warsh’s policy stance is relatively hawkish, implying that a high-interest-rate environment could persist longer, exerting short-term pressure on cryptocurrencies.

Differences in Crypto Attitudes Between the Two Candidates

Interestingly, Warsh is not entirely opposed to cryptocurrencies. He has invested in crypto companies and served as an advisor to institutional crypto bank Anchorage. However, industry insiders believe his stance on monetary policy is not as lenient as Hassett’s. Aurelie Barthere, Chief Research Analyst at Nansen, noted that Hassett has historically been more supportive of the crypto market.

Currently, Bitcoin is priced at $93.18, down 2.09% in the past 24 hours. Changes in policy expectations are influencing market sentiment in real time, and the final decision on the Fed Chair could become the next major price trigger.