Recently, the U.S. Supreme Court is about to hear the case of Trump's attempt to remove Federal Reserve Board member Cook. The significance of this case goes far beyond personal tenure—it is essentially paving the way for "replacing Powell."

If the White House wins this lawsuit, the consequences are hard to imagine. The independence of the central bank could be completely undermined, and the era of political forces directly controlling interest rates may truly arrive. This is not alarmist talk but a systemic shift. Cook has indeed been accused of mortgage fraud, but the core of the entire hearing is not about these specific charges, but about how power should be distributed—who has the authority to decide personnel at the central bank, and who can check whom.

Even more explosive is that Powell has already been subpoenaed, and the Department of Justice is now investigating the sitting chairman, which is a first in American history. This guy's term doesn't end until 2028, meaning he will become the toughest obstacle to Trump's "interest rate cut plan." The collision of power and policy—how will it ultimately unfold? This could have a longer-term impact than the rise and fall of cryptocurrencies.