Recently, a storm brewing in the American financial sector is underway. Trump has removed Federal Reserve Board member Cook on the grounds of "forging mortgage documents," an action seen as a fierce power struggle between the White House and the Federal Reserve. This decision not only breaks the long-standing checks and balances between the two but may also trigger the largest personnel changes at the Federal Reserve in nearly a century.

Analysts point out that political forces' intervention in central banks often leads to sharp fluctuations in financial markets. If Trump successfully appoints his supporters to the Federal Reserve, U.S. monetary policy may shift towards a more accommodative direction. This change could provide short-term benefits for risk assets, but in the long run, it may undermine the credibility of the dollar. This situation is quite similar to the case of Turkish President Erdogan's intervention in the central bank leading to the depreciation of the lira.

Currently, the cryptocurrency market is increasingly connected to the traditional financial system. If the stability of the US dollar is affected by politicized monetary policies, the hedging value of non-sovereign digital assets like Bitcoin may become more pronounced. However, we must not overlook another possibility: if the newly appointed Federal Reserve governors take a tough stance on cryptocurrencies, this sector may face stricter regulation.

In the face of such a complex situation, many investors have begun to reassess their asset allocation strategies. They are closely monitoring personnel changes at the Federal Reserve and the potential policy shifts that may arise, in order to adjust their portfolios in a timely manner.

In the future, if the Federal Reserve really establishes the so-called "Trump majority," the pricing mechanisms of mainstream cryptocurrencies like Bitcoin and Ethereum may undergo significant changes. This not only involves the direction of dollar policy but also the reshaping of the global economic landscape. Therefore, investors need to stay vigilant and closely monitor policy trends and market reactions to make informed investment decisions.