#数字资产市场动态 The confrontation between politics and institutions on Wall Street has finally taken a dramatic turn.

On the surface, Trump aimed to influence Federal Reserve decisions through judicial pressure, but the outcome backfired—instead, it elevated Powell to the image of a "guardian of the system." Support from members of both parties and former chairpersons grew louder, and calls for Powell to remain until 2028 increased. The originally favored dovish candidates were essentially eliminated, while hawkish support actually rose. The market responded with action: the dollar weakened, gold surged, and capital is betting on whether the Fed's independence can be maintained.

What does this mean for the crypto market? In the short term, traditional financial systems remain stable for now, risk appetite may rebound, but the hope for rate cuts has been shattered, and the liquidity dividend period might be delayed. In the long run, this farce reveals a deeper logic: the desire for power to interfere with monetary rules never disappears.

Every political and financial game reinforces a reality—when centralized power repeatedly tests the bottom line of the system, decentralized crypto systems, which require no permission and cannot be controlled unilaterally, become the final answer. No matter who wins this time, the entire ecosystem's demand for "decentralized finance" continues to grow.

Power has lost to the system, but the question is, what about the next round?