#比特币2026年行情展望 The independence of the Federal Reserve faces unprecedented challenges. Recent public pressure from Trump on current Chair Powell has triggered rare responses from global central banks—high-level officials from the European Central Bank, Bank of England, and others have jointly emphasized the importance of central bank independence for global financial stability.

The logic behind this game is worth deep reflection. Once central bank independence is compromised, the chain reaction could be quite severe: erosion of the dollar's credit foundation → accelerated dollar depreciation → global liquidity flooding → spiraling inflation → worsening debt repayment capacity. Institutions like Citibank warn that this spread of political interference could propagate like a virus to other economies.

What lessons does this offer for the crypto market? Historically, whenever fiat monetary policy descends into chaos, capital tends to seek alternative assets. The uncertainty in the dollar cycle often boosts demand for hard assets like Bitcoin. Moreover, if the decision-making framework of major central banks becomes distorted by political factors, the pattern of cross-border capital flows will also be reshaped.

Trump has already indicated he might consider personnel changes, which means this is not just a temporary spat. How do you think this game over central bank independence might impact asset allocation?