#美国探讨比特币战略储备 【This Week's Highlights: Federal Reserve Minutes and Policy Under Currents】

This week's key event centers on the Federal Reserve's December meeting minutes. What is the market waiting for? Essentially, it's about understanding how deep the internal disagreements among decision-makers are—how many votes support rate cuts, and how many prefer to wait and see. According to previous dot plots, there may only be one rate cut in 2025, and calls for rapid and significant easing remain a minority. But on the other hand, some officials have explicitly opposed rate cuts.

Another significant variable comes from personnel changes. Trump revealed that the nomination for the new Federal Reserve Chair could be announced as early as the first week of 2026. Currently, the leading candidates include: former Board member Kevin Wirth, White House National Economic Council Director Kevin Hasset, who advocates for rate cuts, and Federal Reserve Board member Christopher Waller.

Regardless of who takes the helm, the market is already betting in advance—the likely policy tone moving forward is this: multiple rate cuts combined with balance sheet expansion. The purpose of this strategy is clear: to maintain liquidity in the financial markets while continuously supporting U.S. Treasury issuance, especially to keep long-term U.S. Treasury yields from rising too much.

For assets like $BTC , $ETH , and $BNB , this expectation of abundant liquidity is often good news.