Analysis of the Impact of Trump's Dismissal of Federal Reserve Officials

On August 25, Trump announced the dismissal of Federal Reserve Governor Cook, who claimed there was "no legal basis" for this action. If the dismissal is successful, the market impact is as follows:

Short-term: Negative for the dollar and traditional markets

• The independence of the Federal Reserve is undermined, weakening confidence in the US financial system and impacting the credibility of the dollar.

• This may trigger a depreciation of the dollar and capital outflows, putting pressure on US stocks and bonds.

Long-term: Potentially positive for cryptocurrencies

• The appeal of the dollar and traditional assets diminishes, highlighting the value of decentralized cryptocurrencies like Bitcoin.

• If Trump gains control of the Federal Reserve and promotes "massive liquidity injections," liquidity may flood into the market, leading to a potential bullish trend for cryptocurrencies.

Market Outlook

The market may experience fluctuations and adjustments in the fourth quarter, with significant room for maneuvering in the second half of next year. #特朗普罢免美联储理事库克