Trump threatens to fire "Mr. Slow" Powell, will the crypto market face a huge shock?
A political message could trigger the financial markets! Trump publicly criticized Federal Reserve Chairman Powell as "Mr. Slow" and threatened to fire him. If this rare action comes true, how will the crypto market react?
In the short term, the market will fall into severe fluctuations. On one hand, investors may anticipate that the new chairman could accelerate interest rate cuts, and the expectation of a weaker dollar and liquidity easing may drive cryptocurrencies like Bitcoin to rise rapidly.
On the other hand, the uncertainty in traditional financial markets may trigger risk aversion, and cryptocurrencies, as high-risk assets, may also come under pressure.
The long-term impact deserves more attention. If Trump really fires Powell, it will set a dangerous precedent for political interference in the central bank. This is not just a matter of changing leadership, but it undermines the foundation of the Federal Reserve's independence.
The narrative of Bitcoin as "digital gold" will continue to strengthen as confidence in the traditional financial system wanes. Bitcoin's decentralized and censorship-resistant characteristics will become more favored. Investors may accelerate their allocation to encryption to hedge against the credit risk of fiat currencies.
or accelerate the "decoupling" from traditional assets. For a long time, the crypto market has been closely linked to traditional risk assets. However, this event could become a turning point, driving cryptocurrencies to emerge as an independent market and truly become an alternative value storage tool.
Investment insights suggest that this potential storm is both a risk and an opportunity. It is recommended to closely monitor the Federal Reserve's movements, the US dollar index, and changes in US Treasury yields. In a more volatile environment, maintaining a cautious position and avoiding high-leverage operations is the best strategy.
Do you think Trump will really fire Powell? Is this event a blessing or a curse for the crypto market? Feel free to share your views in the comments section! #非农数据超预期
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Ybaser
· 11-26 21:42
Sit tight and hold on well, you will launch to the moon 🛫
Trump threatens to fire "Mr. Slow" Powell, will the crypto market face a huge shock?
A political message could trigger the financial markets! Trump publicly criticized Federal Reserve Chairman Powell as "Mr. Slow" and threatened to fire him. If this rare action comes true, how will the crypto market react?
In the short term, the market will fall into severe fluctuations. On one hand, investors may anticipate that the new chairman could accelerate interest rate cuts, and the expectation of a weaker dollar and liquidity easing may drive cryptocurrencies like Bitcoin to rise rapidly.
On the other hand, the uncertainty in traditional financial markets may trigger risk aversion, and cryptocurrencies, as high-risk assets, may also come under pressure.
The long-term impact deserves more attention. If Trump really fires Powell, it will set a dangerous precedent for political interference in the central bank. This is not just a matter of changing leadership, but it undermines the foundation of the Federal Reserve's independence.
The narrative of Bitcoin as "digital gold" will continue to strengthen as confidence in the traditional financial system wanes. Bitcoin's decentralized and censorship-resistant characteristics will become more favored. Investors may accelerate their allocation to encryption to hedge against the credit risk of fiat currencies.
or accelerate the "decoupling" from traditional assets. For a long time, the crypto market has been closely linked to traditional risk assets. However, this event could become a turning point, driving cryptocurrencies to emerge as an independent market and truly become an alternative value storage tool.
Investment insights suggest that this potential storm is both a risk and an opportunity. It is recommended to closely monitor the Federal Reserve's movements, the US dollar index, and changes in US Treasury yields. In a more volatile environment, maintaining a cautious position and avoiding high-leverage operations is the best strategy.
Do you think Trump will really fire Powell? Is this event a blessing or a curse for the crypto market? Feel free to share your views in the comments section! #非农数据超预期