Tonight's speech by Trump was absolutely explosive in terms of information! It felt like pouring a bucket of water into a pot of hot oil in the financial market.
First, the head of the Federal Reserve is still undecided! His favored candidate, Bessent, does not want to take over Powell's position ('just asked, and they said "no thanks"'), and now he is turning his attention to Warsh and Hassett.
The key point is that Trump has always been dissatisfied with Powell's obedience! He has been thinking about replacing him with a 'compliant' chairman who can open the faucet (cut interest rates) more quickly. This unresolved matter is the biggest variable — the crypto space fears uncertainty, but loves the expectations of 'massive liquidity'!
If the new chairman really turns out to be as dovish as he wishes, then the attractiveness of crypto assets as an alternative to 'combat inflation' may soar.
Secondly, the tariff stick is swinging again! Tariffs will be increased on key sectors like semiconductors and pharmaceuticals, and India has been specifically threatened with a 35% increase! This smell of gunpowder... As trade frictions escalate, global markets are prone to 'turbulence', and in a panic, traditional asset volatility will intensify.
At this time, there will always be some smart money quietly seeking a "safe haven." Think about it, could Bitcoin, as a globally circulating 'digital gold' unaffected by the tariffs of any single country, attract more attention? Although it is also highly volatile, some may see it as 'safer' than stocks directly impacted by the tariff wars.
Lastly, he is playing 'hard to get' again! He says he wants to run for president again, 'but may not run.' This ambiguous script makes him a 'super catalyst' for market volatility!
Every one of his policy tendencies (such as pro-business tax cuts, love for liquidity, and trade wars) profoundly affects economic expectations.
As long as he is stirring up the winds and clouds, interest in 'non-traditional' and 'decentralized' assets will be hard to cool down, and cryptocurrencies, as the leading player in this field, will naturally follow suit.
If the Federal Reserve changes its leadership → Dovish expectations rise → This will be favorable for crypto (anti-inflation narrative).
If the tariff powder keg is ignited again → Market risk aversion rises → Crypto may become one of the options ('digital safe haven' narrative).
Trump's 'may not run for president' smoke bomb → Continues to create uncertainty → The volatility in the crypto topic remains high.
In the coming weeks, keep an eye on the movements regarding Federal Reserve candidates and the sparks from trade frictions, as they may quietly affect the numbers in your crypto wallet! Let's proceed with caution and stay sharp!
