A major institutional trading desk just signaled growing concern about threats to central bank independence, prompting them to adopt a more defensive market stance. The shift reflects broader anxiety within traditional finance about political pressure on monetary policy decision-making. When institutions this size start getting cautious, it typically ripples across all asset classes—crypto included. Market participants know that any erosion of policy autonomy tends to create volatility, especially in risk assets. This kind of institutional nervousness often precedes significant market moves, so traders are watching the policy landscape closely right now.