Recently, the U.S. financial market has undergone drastic changes, with a repeat of the "three kills" scenario of stocks, bonds, and foreign exchange, leading to waves of public protests. In this severe situation, Trump's attitude has significantly softened. He publicly stated that the tariff issue could be negotiated and clearly denied any intention to dismiss Federal Reserve Chairman Powell.

As soon as this news broke, the U.S. stock market's after-hours trading and the cryptocurrency market saw an immediate rise. Data shows that Bitcoin's price soared to $93,000, peaking at $93,955, with a 24-hour increase of 6.7%; Ethereum was quoted at $1,775, with an increase of up to 10%, and other crypto assets also showed varying degrees of upward movement.

The shift in Trump's attitude stems from the fact that the "tariff war" he launched in April did not achieve its expected goals, but rather backfired. The plan, originally aimed at encouraging manufacturing to return to the U.S., not only faced strong resistance from various countries but also negatively impacted the daily lives of American citizens, leading to continuous domestic opposition. China halted trade negotiations, Japan sold off U.S. bonds, and Wall Street withdrew investments, while the public took to the streets to protest.

From an economic perspective, the tariff war not only failed to achieve its expected goals but also greatly increased market uncertainty. The "Black Monday" that erupted in early April, coupled with Trump's threats to dismiss Powell, directly triggered the crisis of the "three kills" scenario. In such a severe situation, Trump had no choice but to choose compromise.

When asked if he would dismiss Powell, Trump responded that this was a media misrepresentation; he simply hopes Powell can be more proactive regarding interest rate cuts, but there is absolutely no intention to dismiss him. Regarding tariffs on China, he stated that they would be significantly reduced but not down to zero.

In addition, on April 23, Putin proposed to cease attacks on Ukraine to promote a peace agreement, and key factors affecting the international economy, such as the tariff war and the Russia-Ukraine war, have eased. The appointment of pro-crypto Paul as the chairman of the U.S. Securities and Exchange Commission has increased the likelihood of cryptocurrency asset ETFs being approved. Goldman Sachs expects the Federal Reserve to cut rates three times in June, each by 25 basis points, and this series of positive news is likely to make the cryptocurrency market even more prosperous in May. #特朗普称无意解雇鲍威尔