The President officially nominated a crypto friendly candidate as the next Federal Reserve chair. According to CoinDesk, the nominee previously served as a Fed governor and showed favorable views of Bitcoin, describing it as an important asset that could keep policymakers accountable. The market is pumping with BTC at $71,200  after $400 million in short liquidations, ETH at $2,164 surging, SOL at $91 jumping.

With markets posting a significant recovery, traders are exploring which is