#数字资产市场动态 Recently, there have been rumors of a criminal investigation by the Department of Justice into Federal Reserve Chair Jerome Powell, and subpoenas have been issued. However, he directly stated that this is political pressure aimed at paving the way for interest rate cuts. Interestingly, this incident has instead become a trigger for risk aversion—BTC and ETH responded with rises, and even gold broke through the $4,600 mark.
Bank of America analysts issued a warning that this investigation could deepen internal disagreements within the Federal Reserve, posing new obstacles to the interest rate cut process by the end of the year. An even more interesting prediction is that the probability of Powell resigning before the end of this year has been lowered to 57%, indicating that market expectations for policy stability are being readjusted. The US dollar's credit has loosened under this uncertainty, which may not be bad news for cryptocurrencies.
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#数字资产市场动态 Recently, there have been rumors of a criminal investigation by the Department of Justice into Federal Reserve Chair Jerome Powell, and subpoenas have been issued. However, he directly stated that this is political pressure aimed at paving the way for interest rate cuts. Interestingly, this incident has instead become a trigger for risk aversion—BTC and ETH responded with rises, and even gold broke through the $4,600 mark.
Bank of America analysts issued a warning that this investigation could deepen internal disagreements within the Federal Reserve, posing new obstacles to the interest rate cut process by the end of the year. An even more interesting prediction is that the probability of Powell resigning before the end of this year has been lowered to 57%, indicating that market expectations for policy stability are being readjusted. The US dollar's credit has loosened under this uncertainty, which may not be bad news for cryptocurrencies.