There's an interesting piece of news coming from the Federal Reserve— the Board of Governors just announced the renewal list for 12 regional presidents, and 11 of them were reappointed, except for the one from Atlanta.

It's worth noting that this is quite rare. In the past five years, when a term expires, reappointments are usually approved unanimously, as no one wants policy to suddenly shift direction. But this time is different; the Atlanta President previously voted against a rate cut, and now that his 26-year term ends in March, he was not renewed.

Coincidentally, after the news broke, BTC started to rebound from around 89,000 and has now reached 91,000. The market might be speculating: with one hawkish voice gone, will monetary policy become more dovish? Anyway, this short-term linkage is quite obvious.