Recently, market participants have noticed an interesting phenomenon—the views of American corporate executives on the independence of the Federal Reserve. The Sonnenfeld team from the Yale School of Management surveyed 200 CEOs, and the results are quite revealing: 71% believe that the current government is eroding the independence of the Federal Reserve, and 80% feel that policy pressures are not based on the overall interests of the United States. What's even more interesting is that this survey was conducted before the Department of Justice launched related investigations. What does this indicate? The market and businesses are indeed becoming more sensitive to the policy environment. The logical chain behind this is clear—the Federal Reserve's policies directly influence interest rate trends, which in turn affect the entire financial market, including cryptocurrencies. The performance of US non-farm payroll data, interest rate expectations, and other macro factors are now increasingly linked to the crypto space.