Trump just announced his pick for the next Federal Reserve chair while aboard Air Force One. This move is sparking immediate speculation about the Fed's policy direction going forward.

The chatter in crypto circles? Looser monetary policy could be on the table. When central banks ease up on tightening, liquidity tends to flow into risk assets—Bitcoin included. More money printing means different things to different markets, but for holders of hard assets, it's generally bullish pressure.

The market's already reading between the lines. Whether this actually translates to concrete policy changes remains to be seen, but one thing's clear: Fed chair selections carry outsized influence over asset prices across the board.