U.S. President Donald Trump has announced that a decision on the next Federal Reserve Chair will be revealed soon, amid increasing speculation about potential candidates to succeed Jerome Powell. Treasury Secretary Scott Bessent has emerged as a leading contender, with reports highlighting his pro-Bitcoin stance and call for aggressive rate cuts. Meanwhile, Trump has publicly criticized Powell for delaying necessary rate cuts and is pushing for new leadership at the Fed. The financial markets are bracing for the announcement, with analysts divided on the implications for interest rates and cryptocurrency valuations.