#密码资产动态追踪 The wave of controversy over the Fed chair nomination heats up, and the market bets on a change in the rate cut path

Recently, a version circulating online suggests that there are signals hinting at a judicial investigation into the current Fed chair, potentially involving criminal issues. This was immediately denied by officials—"completely unfounded, no conspiracy involved." But the key detail is noteworthy: the deniers specifically emphasized that any judicial action has nothing to do with the direction of the rate cut policy.

Why the rush to disassociate? Simply put, the market now treats interest rate policy as a core bargaining chip. If central bank decisions are perceived by outsiders to be under political pressure, the credit system begins to shake. For risk assets like $ETH, $FXS, and $AMP, expectations of rate cuts directly influence capital flows—strong rate cut expectations increase the attractiveness of risk assets; conversely, they come under pressure.

The deeper issue here is: once the independence of the central bank is questioned, every policy statement and rate decision will be scrutinized repeatedly by the market. The market will ask—are these decisions based on economic data, or are they under some kind of pressure? This uncertainty alone is enough to trigger volatility.

The current situation is that if the political environment influences the credibility of the central bank's decisions, the pricing logic of the crypto market will be rewritten. Rate cuts will shift from being an economic tool to a political one, and risk premiums will soar. Some say this is a clarification; others see it as a warning—what's your view?