$ETH $JOJO $ZEC

Recently, the market has focused on an important event—U.S. President Trump publicly stated that he might sue Federal Reserve Chair Jerome Powell, citing the severe budget overruns of the Fed headquarters renovation project.

Specifically, the renovation project ballooned from an initial estimate of $50 million to $4 billion, with the construction cost per square foot reaching a new high. Trump openly criticized this "mismanagement" in public.

On the surface, this appears to be a confrontation between politics and management, but its deeper implications should not be underestimated. The public opposition between the Fed Chair and the sitting President is bound to intensify market discussions about the Fed's independence. And these discussions are already changing investors' expectations for future monetary policy directions.

For the crypto market, every policy signal from the Fed affects capital flows. When the credibility and authority of the Fed are questioned, market pricing logic will subtly shift. Historical experience tells us that such uncertainties often increase demand for safe-haven assets—including digital assets like Bitcoin and Ethereum.

At the same time, whether the Fed will adjust its policy stance under political pressure is also a concern. Any shift in policy expectations could trigger the next wave of market volatility. Especially for cryptocurrencies sensitive to macroeconomic conditions, this storm could redefine their valuation logic.

Overall, this is not just a political event but a risk factor that the market needs to reassess.