"The Federal Reserve Chair is political!" - Trump's heavy statement has directly ripped off the veil of the global financial market! On August 5, Beijing time, U.S. President Trump dropped a bombshell in an exclusive interview: the selection of the new Federal Reserve Chair has entered its final countdown, while the current chair Powell's rate cut decision has been characterized as 'disastrously overdue'! Even more astonishing is his repeated accusation of systematic manipulation of U.S. labor statistics! This power game, affecting trillions in capital, is laying the groundwork for an epic trend in the cryptocurrency market!
Key Signal One: The Federal Reserve enters the 'Trump Era'
According to internal White House sources, former Federal Reserve governor Kevin Warsh, chairman of the White House Council of Economic Advisers Thomas Hassett, and a mysterious fourth person have entered the final candidate list. The market generally predicts that the new chairperson will completely overturn Powell's 'data-dependent' policy and instead implement a more aggressive rate-cutting path. Historical data shows that when the Federal Reserve turned dovish in 2019, Bitcoin surged by 127% within three months! If the new chair accelerates monetary easing after taking office, the crypto market may witness a 'liquidity feast' again!
Key Signal Two: Data falsification allegations shake the foundation of the dollar's credibility
Trump's direct accusation of the Labor Statistics Bureau for 'cooking the data' has caused a huge uproar on Wall Street. If the core economic data of the United States loses credibility, global capital will inevitably seek new value storage assets. Bitcoin's characteristics as 'digital gold' will become increasingly prominent - during the rumors of data falsification in 2020, BTC once surged 18% in a single day; this trust crisis may trigger an even more intense risk-averse trend!
Key Signal Three: The secret behind Bessant's retention at the Treasury
Although Trump praises 'crypto circle friend' Bessant, this pro-crypto figure's choice to remain at the Treasury is even more intriguing. Industry speculation suggests that the White House is constructing a 'policy combination punch': led by the new Federal Reserve chair to stimulate the economy through rate cuts, while also advancing digital dollar legislation through the Treasury. This back-and-forth dynamic could instead accelerate capital fleeing to decentralized assets!
Technical and news resonance is imminent
The current Bitcoin price is stuck at the key resistance level of $60,000, while expectations for Ethereum ETF approval continue to heat up. If personnel changes at the Federal Reserve trigger fluctuations in traditional financial markets, combined with a credit crisis caused by data falsification, the crypto market could very likely replicate the V-shaped reversal seen after the '312 crash' in 2020 - that year, BTC achieved an astonishing 198% increase within 38 days!
Emergency Reminder:
According to the CME FedWatch Tool, the probability of a rate cut in September has soared to 89%. The timing of Trump's announcement of a new chairperson is likely to resonate with the rate cut window. Investors are advised to pay close attention to:
Policy signals from the Jackson Hole annual meeting on August 21
Market reactions following the non-farm payroll data release on September 6
The gold buying window when the White House officially announces the new chairperson
This power game affecting global capital is opening up unprecedented changes for the crypto market! It’s time to bet on the wealth revolution of the next decade!
(Note: This article does not constitute investment advice; the market carries risks, and decisions should be made cautiously)
