Injecting $200 billion of liquidity into mortgage-backed securities does not directly stimulate the cryptocurrency market, because relative to the $3 trillion digital asset market, its size is not significant, and funds do not automatically flow into speculative assets. The reduction in mortgage rates primarily alleviates household budget pressures, and the released funds are usually used for savings or daily expenses rather than higher-risk investments. Truly meaningful market signals come from sustained institutional actions—such as pension fund asset allocation adjustments or steady ETF fund inflows—rather than one-time liquidity injections.