A remarkable drama has unfolded on the political stage. Trump recently announced the nomination of Stephen Mullan as a member of the Federal Reserve Board of Governors, a move that has caused a stir in the financial community. Mullan, a Harvard PhD in economics, previously served as the chair of the White House Council of Economic Advisers and is a key architect of Trump's economic policy.



Milan is known for his unique economic views: he firmly believes that tariffs can promote economic growth, advocates for weakening the independence of the Fed, and has consistently supported interest rate cuts. These positions are highly consistent with Trump's economic philosophy, leading the market to develop new expectations regarding the future direction of Fed policy.

After the announcement, the financial markets reacted strongly. The dollar exchange rate fell, gold prices rose, and cryptocurrency investors closely monitored the potential impact of this personnel change.

In this policy game, the performance of Ethereum (ETH) is particularly noteworthy. Currently, the ETH price fluctuates around $4173, and market participants are weighing the potential impact of this political change on the cryptocurrency market.

Looking back at history, the Fed's interest rate decisions have frequently triggered severe fluctuations in the cryptocurrency market. For example, a rate cut in December 2024 led to ETH plummeting by 6.8% within 24 hours, from $3907 to $3617, resulting in massive liquidations.

Today, as the Fed's policies may face adjustments, the cryptocurrency market stands at a crossroads once again. Investors are closely watching whether the appointment of Milan will become a new catalyst for the market's direction.

This event not only affects financial markets but also highlights the close connection between political decisions and economic policies. How the Fed's policy direction will evolve in the future and how these changes will impact the cryptocurrency market are important topics that deserve ongoing attention.
TRUMP9.06%
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ZenMinervip
· 08-10 23:04
We miners are going to have a feast.
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tx_pending_forevervip
· 08-09 19:55
Still have to watch for a downturn.
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EthSandwichHerovip
· 08-09 10:47
Just messing around all day.
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MEVSandwichvip
· 08-09 10:43
Another wave of Be Played for Suckers is coming.
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FUDwatchervip
· 08-09 10:41
Be Played for Suckers again
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BoredRiceBallvip
· 08-09 10:32
Donald Trump is at it again.
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ApeDegenvip
· 08-09 10:29
It's time to Be Played for Suckers again.
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SolidityStrugglervip
· 08-09 10:26
Stop pretending, ETH has long been trapped.
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