The nomination of the Federal Reserve Chair has become the hottest topic in the financial circle recently. Once Hasset, whom Trump strongly supports, takes office, how will Wall Street react? Frankly, it boils down to two words: tension.

The core issue here is—can the Federal Reserve still make independent decisions? As a key advisor to the president, Hasset's rise has caused investors to start pondering: Will the central bank become a political tool? This concern is not unfounded. If the independence of the Fed is weakened, the market confidence built over decades could collapse in an instant, and long-term interest rates could experience unpredictable fluctuations.

Interestingly, Hasset recently clarified that the Federal Reserve's decisions must remain independent and that political influence should not interfere. But this clarification itself highlights the seriousness of the issue. Market consensus is clear: a professional and neutral central bank is much more valuable than a "obedient" one.

What does this mean for the crypto ecosystem? The independence of the central bank directly relates to the credibility of the US dollar and also determines the flow of funds. Once the authority of monetary policy is compromised, funds will seek new safe-haven assets—this has been a deep driving force behind the volatility in the crypto market over the past few years. The choice of the next Fed chair may redefine the global capital flow directions in the coming years.

The market has already sensed this trend, and investors are entering a new observation period.