Fed internal conflict escalates! Cook clashes with Trump, the truth behind ETH's surge!!
Crypto friends, come quickly! The Fed's "power showdown" has intensified——Governor Cook was fired by Trump, retaliating against allegations of "mortgage fraud," while Ethereum defies the trend and breaks through $4377! What secrets does this operation hide in the crypto market?
Core of the conflict: Trump's "power grab" thwarted
Trump dismissed Cook on the grounds of "mortgage fraud," but the Justice Department's investigation shows no evidence of intentional fraud in his 2021 loan documents. Cook's lawyer Abbe Lowell stated: "This is political persecution!" Currently, the Washington judge has not ruled, and Cook remains in office.
If Trump forcibly replaces him, the Fed may become a "puppet of the White House," exacerbating inflation risks and the crisis of a plummeting dollar.
Three engines driving ETH's surge
Expectations of interest rate cuts strengthen: Although the probability of the Fed cutting rates by 25 basis points in September exceeds 90%, the internal strife has instead reinforced the market's bets on "loose liquidity." ETH rose 1.62% to $4377 in 24 hours, with technical indicators showing ETH/BTC breaking through key resistance levels, and the capital rotation effect is significant.
Institutional fund divergence: This week, the Ethereum spot ETF experienced a net outflow of $173 million, but whale BitMine increased its holdings by 130,000 ETH. Bank of America analysts pointed out that ETH's "decentralized resistance to censorship" characteristic has become a preferred safe haven during political turmoil, while Bitcoin ETF saw a net inflow of $634 million, showing clear divergence in capital preferences.
Technical ecosystem explosion: Ethereum 2.0 is advancing privacy and scalability upgrades, with ZK technology and stateless validation improving efficiency.
Future key: Fed independence
The legal team has sued Trump, and the court will rule on whether the dismissal order is unconstitutional. If Cook wins, the Fed's independence will be defended, and ETH may continue to benefit from loose liquidity; if he loses, political intervention may trigger global monetary turmoil, but ETH's "decentralized" characteristic may attract more safe-haven funds.
Crypto friends, this internal conflict is not a panic signal, but a structural opportunity! The technological revolution of ETH + institutional allocation + expectations of interest rate cuts are brewing a super cycle.
Pay attention to on-chain data and ETF flows, DYOR, and don’t be swayed by short-term fluctuations! In chaos, opportunities always belong to the clear-minded!
Instead of watching from the sidelines, join Sister Cai and burn together!
