#密码资产动态追踪 The Federal Reserve's independence is facing an unprecedented challenge in 40 years. The Trump administration has gradually escalated pressure, with the Department of Justice even issuing grand jury subpoenas targeting Chair Powell—an extremely rare move in history. Powell responded with rare firmness, directly accusing this of "criminalizing" the erosion of the central bank system. Wall Street and the global financial community are shaken by this.

The most notable behind-the-scenes action is that the Bank for International Settlements is coordinating with multiple central banks to prepare a joint statement endorsing the Federal Reserve. Bank of Canada Governor Macklem has publicly supported this first, and ECB President Lagarde has also expressed support. This collective action among cross-border central banks sends a signal—the stability of the global financial system is being viewed as a shared responsibility, and no one wants to see the "politicization" of monetary policy.

Market reactions have been very straightforward: mainstream cryptocurrencies like $XRP, $ETH, $SOL are experiencing increased volatility as investors bet on whether the Fed can maintain its independence. Once the red line of political interference is crossed, the credibility of the global monetary policy system will be shaken—posing deep risks for the dollar and the valuation of financial assets. Can the joint statement stop the White House's ambitions? Can the Fed withstand this challenge? The answer is likely to rewrite the financial landscape over the next 12 months.