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due to Trump suggesting nominating someone other than National Economic Council Director Hassett to replace Powell, U.S. Treasury prices fell, and traders reduced their expectations for two rate cuts in the U.S. in 2026. The decline in U.S. Treasuries pushed the two-year yield up by 5 basis points to 3.61%, reaching the highest level since the Fed's last rate cut in December. After Trump's comments on Hassett, short-term interest rate contracts reflected a decreased probability of the Fed cutting rates by 25 basis points twice this year. Meanwhile, the Treasury market continues to be troubled by the December employment data released a week ago, which led Wall Street banks that had previously predicted a rate cut at the Fed's next meeting on January 28 to abandon that view. Morgan inflation economist predicts that despite changes in the Fed leadership, the Fed will not cut rates further. John Fath, managing partner of BTG Pactual Asset Management USA, stated: "Previous trades were bets that whoever serves as the next Fed chair would be dovish. This trend has reversed in the past few days."

According to a joint survey report released by Bitwise and VettaFi, approximately 32% of financial advisors will allocate crypto assets in client accounts in 2025, a significant increase from 22% in 2024. Meanwhile, 56% of advisors hold crypto assets in their personal investment portfolios, marking the highest level since the survey began in 2018. Among client investment portfolios, 64% have a crypto asset allocation ratio exceeding 2%, up from 51% in 2024. In addition, 42% of advisors said they are able to purchase crypto assets in client accounts, a sharp rise from 35% in 2024 and 19% in 2023. The most closely watched sectors are stablecoins and tokenization (30%), followed by digital gold (22%) and crypto-related AI investments (19%). Bitwise Chief Investment Officer Matt Hougan stated that in 2025, advisors’ acceptance of crypto assets will reach an unprecedented level.

According to ChainCatcher, Arkham data shows that at 00:54, 12 million EIGEN (worth approximately $4.8 million) were transferred from Eigenlayer to BitGo.