#比特币与黄金战争 $BTC $ETH $BNB

Federal Reserve Chair Jerome Powell directly faces pressure from Trump and responds firmly: "I will not be forced to step down early; policy depends on data, not political demands." This goes beyond typical policy disagreements—it's a question of whether the "independence of the central bank" can survive in Washington.

Neither side is leaving room for compromise: Trump publicly pressures for faster rate cuts and hints at replacing disobedient chairs; Powell firmly upholds the tradition of Fed independence, emphasizing that economic data is the guiding force. Essentially, this is a direct clash between political demands and professional judgment.

At first glance, it seems Trump has the upper hand with the nomination power, but he still has to get through the Senate. This isn't just a financial issue; it touches on the very framework of the American system.

What will this mean for the markets? There are two possibilities: if Powell holds firm, the pace of rate cuts will slow, and all asset expectations will need to be re-priced; if the Fed's independence is truly compromised, short-term risk assets might surge, but in the long run, the credibility of the dollar will be eroded—it's not worth it.

For digital assets like Bitcoin, this macro-level power struggle creates uncertainty. In the short term, it may dampen sentiment, but over a longer cycle, the story of "decentralization" and "countering sovereign risk" will be reinforced—after all, this kind of situation serves as the best endorsement of that logic.

Here's a question for you: can Powell hold this line? Or will Trump rewrite the rules of the Federal Reserve? Share your thoughts in the comments below.