After the Federal Reserve's expected 25 basis point rate cut, there was a noticeable shift in global capital flows. In addition to the rate cut, the Federal Reserve also announced it will repurchase approximately $40 billion of short-term government bonds (T-bills) each month, further lowering real interest rates and injecting liquidity into the market. From a policy perspective, this combination should be favorable for risk assets, but the market's actual reaction has shown clear divergence. The rate decision was largely in line with expectations, with 3 out of 10 members voting against. Federal Reserve Chairman Jerome Powell explicitly stated that there is still room for further rate cuts in 2026, after which the policy may enter a period of observation, with a renewed focus on inflation control. Against this backdrop, markets are re-evaluating the future monetary policy path, especially regarding the stance of the new dovish-leaning Federal Reserve Chair Kevin Hasset, whose previous hints that the number of future rate cuts could exceed three have, in the short term, increased market uncertainty.

As President Trump publicly expressed support for Kevin Hassett and Kevin Warsh's campaigns to become the next Federal Reserve Chair, Hassett stepped forward to emphasize the Fed's independence in monetary policy. This statement came after the Fed's latest round of rate cuts and has drawn close attention from the prediction markets and the cryptocurrency market. According to CBS's "Facing the Nation," Hassett explicitly stated in an interview that the Federal Reserve's decisions will not be influenced by political pressure. He pointed out that the 12 voting members of the Federal Open Market Committee (FOMC) will make judgments based on data and logic, rather than the president's personal preferences. "The president's views only carry weight when supported by data," Hassett emphasized.

After a phase of sell-off, the cryptocurrency market may enter a key window for stabilization and rebound in the short term. Although the Federal Reserve implemented a rate cut last week, market sentiment remains cautious, with traders closely monitoring macroeconomic data and central bank policy signals, including US CPI inflation data, initial jobless claims, and the Bank of Japan's interest rate decision. On Monday morning, the total market capitalization of cryptocurrencies slightly declined to approximately $3.13 trillion, a daily decrease of about 1.5%. However, overall trading activity has not significantly decreased, with the 24-hour total trading volume still around $90.9 billion, indicating that funds have not been withdrawn from the market on a large scale. Bitcoin's price hovers around $89,000, down about 1% intraday, while Ethereum shows relative resilience, with a decline of less than 1%. The market structure exhibits characteristics of “converging declines and stable trading volume.” In terms of sentiment indicators, the crypto market fear and greed index dropped to 16, entering the “extreme fear” zone, reflecting that short-term risk appetite remains subdued. However, this level is still better than the extreme emotional stage of last month.

ChainCatcher 消息，据金十报道，加拿大皇家银行环球资产管理美国固定收益主管安杰伊·斯基巴表示，美联储本次会议可能会降息，但美国的经济动能或使得“无需再进一步降息”。斯基巴指出，降息可能是一次带有鹰派色彩的降息，并可能暗示随后暂停加息。市场参与者将密切关注持不同意见的委员，包括主张更大幅度降息的委员。

特朗普要求财长调查拜登是否用自动签名机签署美联储民主党成员的任命文件，并对此表示质疑。特朗普此前已对拜登的官方文件的有效性提出过疑问。法律专家认为，特朗普近期宣布废除拜登的特赦和减刑决定缺乏法律依据。