Fast Money starts right now.

Live in the NASDAQ market site overlooking New York City's Times Square.

I'm Melissa Lear.

Traders on the desk are Tim Seymour, Brian Kelly, Dan Nathan, and Guyadami

tonight on Fast, Amazon's retail media, the socks soaring to another all-time high,

as a company is now worth nearly $600 billion, but history suggests December could be a cruel month.

We'll explain what we mean. Plus, you know what goes with

great turkey and stepping? Bitcoin, of course, it's the rally that just won't quit. The

cryptocurrency surging toward $10,000 coming off the holiday week.

And he is the man who said Bitcoin would double to $10,000.

Back in October, right here on Fast Funny.

Hedge Fund legend Mike Novograps is back.

You will not believe what he sees for the cryptocurrency next. He's here exclusively.

But first we start off with some breaking news. The embargo lifting right now off a Fed chair

nominee Jerome Powell's testimony ahead of his confirmation hearing tomorrow.

Let's get to Steve Leesman in the newsroom with the details.

Steve.

Melissa, thanks very much.

Jerome Powell, the Fed Chairman nominee nominated earlier this month by President

Trump will say in testimony before Senate banking tomorrow

that he expects rates to rise quote somewhat further and the balance sheet to

gradually shrink he pledges to preserves the Fed's independent nonpartisan status and says transparency

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