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Recently, the crypto world has been stirred up by a piece of news. Eric Trump voiced on social media, stating, "Those who bought Bitcoin two years ago are geniuses." This statement sounds like a joke, but combined with another rumor, it becomes interesting — it is said that in 28 days, the current Fed chairman Powell's term may end early, and a new candidate is about to emerge.
The market reaction was quite direct. Bitcoin surged 3% that day, briefly climbing to 67,000 USD. According to the liquidation data across the network, short sellers lost over 280 million USD. The Trump-related meme coin STRUMP skyrocketed 40% in a single day, completely igniting speculative sentiment.
There are actually several points worth pondering behind this. First of all, if the Fed really changes its leadership, the new chair will likely have a closer relationship with Trump's team, and a shift in policy direction is almost a certainty. Secondly, once expectations for interest rate cuts rise, liquidity easing is a real boon for risk assets. Lastly, Wall Street institutions have been very active during this period, with giants like BlackRock and Fidelity increasing their allocations to digital assets.
To be honest, the speed at which traditional financial giants are entering the market is faster than expected. When the policy level begins to loosen up and mainstream capital no longer hesitates, the window of opportunity for retail investors may really be limited. However, that being said, explosive growth is often accompanied by greater volatility risk, and blindly chasing highs has never been a good idea.
The market is currently most concerned with three things: Who will be the next Fed chair? What is the timeline for a policy shift? Aside from Bitcoin, which coins may benefit? There are no definite answers to these questions for now, but one thing is certain - the crypto market will not be boring in the coming months.