The upcoming nomination for the next Federal Reserve Chair by Trump, expected before Christmas, could significantly impact the crypto market. Kevin Hassett, a former economic advisor to Trump, is the leading candidate with a 52% probability of nomination according to Polymarket. Hassett's dovish stance on monetary policy and supportive view of cryptocurrencies could trigger a rally in the crypto market if he is confirmed. Other candidates include Kevin Warsh, known for his hawkish policies and support for a U.S. CBDC, which could negatively affect crypto valuations. Christopher Waller, a moderate candidate, supports stablecoins, while Rick Rieder, with a neutral to dovish stance, views Bitcoin as a modern safe-haven asset. Michelle Bowman, another hawkish candidate, poses a potential negative impact on the crypto market. The nomination process involves Trump's announcement followed by Senate hearings expected in early 2026. The market is closely watching these developments, as the new Fed Chair's monetary policy will influence risk asset prices, including cryptocurrencies, over the next four years.