Polymarket Cuts Kevin Hassett's Fed Chair Odds to 44% as Yellen Rises

On December 31, Polymarket data showed Kevin Hassett's probability of becoming the next Federal Reserve Chair falling to 44%, while Janet Yellen's odds climbed to 33% and Jerome Powell's stood at 11%. Bitcoin traded at $87,984.31 with a market cap of $1.76 trillion and 24-hour volume of $33.60 billion, as analysts pointed to potential monetary policy shifts under a new Fed leadership that could influence BTC and ETH.