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Bitunix Analyst: Trump Claims to Dismiss Fed Director, Impacting Central Bank Independence; BTC Liquidity Decreases, Pressure at 114,000
Summary: According to reports, Trump publicly stated that he has fired Federal Reserve Director Lisa Cook, to which Cook responded that she does not have the authority to be dismissed and will not resign. This unprecedented move exacerbates uncertainty about the Fed's independence and policy path ahead of the September meeting, leading to a weaker dollar ...
According to reports, Trump publicly stated that he has fired Federal Reserve Director Lisa Cook, to which Cook responded that she does not have the authority to be dismissed and will not resign. This unprecedented move exacerbates uncertainty about the Fed's independence and policy path ahead of the September meeting, leading to a weaker dollar and increased risk aversion.
On the crypto side, BTC liquidity heatmap shows a decrease in liquidity from the upper edge; significant pressure is seen at 114,000 and 117,000 with dense pending orders and potential liquidation zones. Support is seen at 109,000–108,000, with short-term volatility risks rising.
Bitunix analysts suggest:
This event is a systemic challenge to central bank independence, amplifying policy signal noise and potentially causing market pricing of rate cuts to fluctuate. It is recommended to closely monitor: legal battles and official statements affecting CME rate cut probabilities; and to use the USD and US bond yield spread as a risk appetite gauge, while being cautious of cross-asset volatility diffusion caused by policy uncertainty.
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Link: Bitunix Analyst: Trump Claims to Dismiss Fed Director, Impacting Central Bank Independence; BTC Liquidity Decreases, Pressure at 114,000 [Copy]
