A notable event has recently occurred in American politics: Trump visited the Federal Reserve. This is the first official visit by a U.S. president to the Fed in nearly twenty years, and this move is interpreted as an escalation of pressure on Fed Chairman Powell. Trump's demand is to significantly lower the benchmark Intrerest Rate from the current target range of 4.25% to 4.5% down to 1%, with the aim of alleviating the federal government's borrowing cost burden.

This event could have a profound impact on the cryptocurrency market. First, if the Federal Reserve really implements significant interest rate cuts, market liquidity will significantly increase. This could drive investors to put more funds into cryptocurrencies like Bitcoin, pushing its price up. As "digital gold," Bitcoin may welcome a new round of price surges.

Secondly, the impact of political factors on the market cannot be ignored. The expectation of political intervention may preemptively stimulate market sentiment and increase overall market activity. In this case, some investors may choose to position themselves in other cryptocurrencies in hopes of obtaining potential policy dividends.

Finally, the regulatory environment for cryptocurrencies may also see changes. The market will closely watch the selection of the new chairman of the Federal Reserve in December. If the new chairman's stance is close to that of Trump, policies favorable to the development of the crypto market may be introduced. Therefore, next year the crypto market may welcome a relatively loose regulatory environment.

Overall, Trump's visit to the Federal Reserve may bring new opportunities and challenges to the cryptocurrency market. Investors need to closely monitor subsequent developments and adjust their investment strategies in a timely manner.