Trump demands resignation of Fed Governor Cook

Trump pressures Fed amid market impact

Market response overview

• Dollar index falls below 93, gold breaks through $2,100/ounce

• Three major US stock indices record declines of 1%-2%

• BTC stabilizes at $28,500, inflow into mainstream coins surges by 18%

• Crypto market shows safe-haven characteristics, intensifying long-short battles

Core driver analysis

• Trump accuses Cook of mortgage fraud, vying for control over Fed policy

• If Cook resigns, Trump will gain nomination power over four board members

• Damaged independence of the Fed could trigger global capital reallocation

• Policy may tilt towards low interest rates and a weak dollar, resonating with crypto safe-haven demand

Trading strategy recommendations

• BTC support level at $28,300, breaking $29,200 will open up upside potential

• Short-term strategies could include a gold-crypto asset arbitrage combination, leveraging negative correlation

• Pay attention to leading DeFi tokens for recovery opportunities; DeFi locked value has averaged a 23% increase during market turbulence

• Suggest maintaining a stablecoin allocation of 15%-20% to mitigate volatility risk

Community hot discussion sentiment

• 'Politicization of the Fed' discussion volume increased by 320%, accelerating the value discovery of cryptocurrency as a 'non-political asset'

• ETH/BTC trading pair liquidity improves, with spreads narrowing to 0.3%$BTC $ETH #加密市场回调 #ETH质押退出动态观察

• BTC perpetual contract funding rate rises to 0.12%, indicating an increase in bullish sentiment