Word on the street: Trump's planning to announce his Fed chair pick sometime early next year. This isn't just political theater—whoever lands that seat will shape monetary policy for years, which means everything from interest rate decisions to how much liquidity flows into risk assets like crypto.

The current chair's term runs until 2026, so we're looking at a transition window where policy signals could get messy. Markets hate uncertainty, and the Fed chair nomination process tends to create plenty of it. Keep an eye on this one—central bank leadership changes have historically moved markets in big ways, and this cycle won't be different.