Major institutional investors like Pimco and PGIM are flagging a significant concern: potential conflicts between the Trump administration and the Federal Reserve could push interest rates higher. The analysis suggests that if policy tensions escalate, the Fed might face pressure to adjust its stance, which would have cascading effects on bond markets and broader asset pricing. For crypto market participants, shifting interest rate environments typically drive capital flow patterns—higher rates generally increase opportunity costs of holding digital assets, while signaling broader economic sentiment. The institutional perspective here matters because it reflects how major asset managers are positioning themselves around monetary policy uncertainty. Worth monitoring how these macro currents shape market liquidity and risk appetite in coming months.