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- 19:36BTC surpasses $111,000According to Jinse Finance, market data shows that BTC has surpassed $111,000, currently quoted at $111,117.11. The 24-hour decline has narrowed to 0.77%. The market is experiencing significant volatility, so please ensure proper risk control.
- 19:26Analysis: The Federal Reserve will undergo significant "Trumpification" by 2026Jinse Finance reported that Evercore ISI analysts Krishna Guha and Marco Casiraghi stated in a report that Trump's attempt to dismiss Federal Reserve Governor Cook could become a turning point, allowing the Fed to be gradually "reshaped" according to the president's wishes. They wrote: "We believe the current baseline scenario should be that the Fed will undergo a very significant 'Trumpification' by 2026." Although this does not necessarily mean there will be a dramatic shift in policy and practice, "we must take very seriously the possibility that this could lead to a break from past approaches and a fundamentally different reaction function." If Cook is forced to leave, the Fed's independence could be eroded, and this may "manifest as a steeper yield curve, increased inflation compensation, and a higher inflation risk premium."
- 19:11The Federal Reserve responds to the "Trump firing Cook" incident, emphasizing the protection of board members' terms.ChainCatcher news, according to Golden Ten Data, a Federal Reserve spokesperson stated that under the Federal Reserve Act, Congress has explicitly mandated that Federal Reserve Board members should serve long and fixed terms, and can only be removed by the President for “cause.” The long tenure and removal protection mechanism for Board members is a crucial safeguard to ensure that monetary policy decisions are based on data, economic analysis, and the long-term interests of the American people. Board member Cook has indicated through her personal attorney that she will immediately challenge this action in court, and the Federal Reserve will comply with any court ruling.