Recent rumors about the leadership of the Federal Reserve have caused a lot of buzz. According to reports, Trump plans to announce the list of potential successors to current Fed Chair Powell in January next year, which means Powell, whose term was originally set to end in 2026, may face an early departure. Powell has previously been criticized for his slow decision-making on interest rate cuts, and now this "power transfer" is officially on the agenda.
Most notably, the White House is even considering initiating legal proceedings against Powell on the grounds of "gross misconduct." This is not just a personnel adjustment but a direct challenge to the Fed's independence, which has lasted for a century.
The two leading candidates for the next chair are former economic advisor Kevin Hasset and former Fed Governor Kevin Wash. Whomever ultimately takes the position signals that future monetary policy decisions by the Fed may be more influenced by political needs rather than purely economic indicators.
From the perspective of the crypto market, changes in Fed policy directly impact global liquidity flows. Once political factors start influencing monetary policy, market expectations are bound to fluctuate dramatically. As risk assets, BTC and ETH often react in advance to such policy uncertainties. Smart traders have already begun adjusting their asset allocations to seek more stable safe-haven options.
The current question is: will Powell choose to resign early under pressure? Can the Fed's independence withstand this round of power struggles? What is your view on how this upheaval might affect the future trajectories of BTC and ETH?
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SingleForYears
· 8h ago
Powell is really about to be forced out this time; political interference in the Federal Reserve is just ridiculous to even mention.
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But speaking of which, the crypto world is most sensitive to this—policy uncertainty = capital flight, BTC will definitely rise first.
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The independence of the Federal Reserve? Haha, in the face of power, that's just a joke.
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Both Kevins have been involved; it feels like the Federal Reserve will become a political tool in the future. Can we still trust cryptocurrencies?
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Those who should have been paying attention to this matter long ago must be thrilled now. They've probably already bottomed out in spot trading.
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If Powell can't hold on, market expectations will reverse, and safe-haven funds will need to be reallocated.
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Whether political demand is needed or not, in plain terms, it's just about wanting cheap money.
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ETH is more fragile than BTC; under such uncertainty, all risk assets will be cleaned out.
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GasFeeDodger
· 8h ago
Is the Federal Reserve really being hijacked by politics? BTC is the ultimate safe haven
Powell is in trouble this time, let's wait and see what happens in January
Political interference in monetary policy, this chaos directly benefits those holding cryptocurrencies
If Hasset takes office, liquidity might loosen up, looks like an opportunity for ETH
Are both Kevins hawkish? It seems the market will have some turbulence soon
Instead of predicting who will take the lead, it's better to go all-in on safe-haven assets
The Federal Reserve's century-long independence has been undermined; the crypto market is truly free
This rhythm suggests big events next year; traders who plan ahead are really smart
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StakeHouseDirector
· 8h ago
Wait, is the Federal Reserve getting political? The crypto world is about to have a good time.
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Is Powell really about to be taken down? Feels a bit chaotic.
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Oh no, liquidity is about to change. Protect your positions first.
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It doesn't matter which Kevin is in charge; decision-making power is now in the White House.
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If things really escalate, BTC might have to run early.
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Suddenly, I feel like I need to rethink asset allocation. Can't just rely on the crypto space.
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If the independence of the Federal Reserve is broken... the consequences are really serious.
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MetaverseLandlord
· 8h ago
The Fed's game is really funny, political hijacking monetary policy, and the crypto circle gets caught in the crossfire.
Political interference in the economy, in the end, retail investors are the ones who suffer.
Powell has really offended people, now he's under attack from all sides, poor guy.
Now BTC will sway with political winds, losing stability.
Kevin's coming to power, it feels like the Federal Reserve is becoming a conveyor belt, incredible.
In the game of liquidity, more and more players are joining, and crypto traders need to re-align.
But this kind of uncertainty is actually a time for those prepared to make a fortune.
Is the independence of the Federal Reserve dead? The Fed has already been corrupted by politicians.
I've seen this trend for a long time, nothing surprising.
The key is which Kevin takes office; policy direction directly determines the crypto prices.
This mess is getting more and more complicated, ordinary people should stay far away.
View OriginalReply0
MetaMasked
· 8h ago
It has truly become politicized again; the crypto world is about to be cut again.
Recent rumors about the leadership of the Federal Reserve have caused a lot of buzz. According to reports, Trump plans to announce the list of potential successors to current Fed Chair Powell in January next year, which means Powell, whose term was originally set to end in 2026, may face an early departure. Powell has previously been criticized for his slow decision-making on interest rate cuts, and now this "power transfer" is officially on the agenda.
Most notably, the White House is even considering initiating legal proceedings against Powell on the grounds of "gross misconduct." This is not just a personnel adjustment but a direct challenge to the Fed's independence, which has lasted for a century.
The two leading candidates for the next chair are former economic advisor Kevin Hasset and former Fed Governor Kevin Wash. Whomever ultimately takes the position signals that future monetary policy decisions by the Fed may be more influenced by political needs rather than purely economic indicators.
From the perspective of the crypto market, changes in Fed policy directly impact global liquidity flows. Once political factors start influencing monetary policy, market expectations are bound to fluctuate dramatically. As risk assets, BTC and ETH often react in advance to such policy uncertainties. Smart traders have already begun adjusting their asset allocations to seek more stable safe-haven options.
The current question is: will Powell choose to resign early under pressure? Can the Fed's independence withstand this round of power struggles? What is your view on how this upheaval might affect the future trajectories of BTC and ETH?