Overview

• President Trump is reported to be weighing Kevin Hassett, Christopher Waller and Kevin Warsh to replace Jerome Powell.
• Galaxy Digital’s Mike Novogratz calls the selection the market’s biggest crypto catalyst and says Bitcoin could reach $200,000 if the appointee pursues aggressive easing.
• Bitcoin trades near $109,000 after a 5–6% weekly decline, with about $1.1 billion in crypto liquidations this week including roughly $272 million in BTC.
• Deribit is set for a roughly $17 billion Bitcoin options expiry, and a put‑call ratio near 0.75 points to slightly bearish positioning.
• Swissblock reports BTC has held a roughly $109,000–$124,000 range in a reset phase, with slowed long‑term holder selling and continued ETF and treasury buying providing support.