• Concerns over Fed independence

    If markets sense that the Federal Reserve is being influenced by political pressure (especially in an election year), it could undermine confidence in the USD and traditional monetary policy.

  • Impact on Bitcoin

    Bitcoin thrives on distrust in centralized institutions. Any hint that the Fed isn’t operating autonomously could drive more investors toward decentralized assets like BTC as a hedge.

  • Standard Chartered’s Bullish Stance

    The bank has been relatively bullish on BTC in the past year, and this view aligns with a narrative where macro uncertainty increases Bitcoin's appeal as "digital gold."

  • Big Picture:

    If Fed credibility erodes, it boosts the narrative for BTC as :

  • A hedge against inflation/money printing

  • A decentralized alternative to central banks