The criminal investigation of the Federal Reserve Chair has recently become a focal point—being scrutinized for a $2.5 billion building renovation project. This matter seems to be an internal dispute, but behind it lies a bigger point of interest for the crypto community.

As a long-standing hawkish advocate of crypto policy, he has always maintained a distance between the Federal Reserve and Bitcoin, suspending the exploration of a digital dollar, and explicitly opposing the strategic reserve plan. Now, with this key figure potentially in trouble, the Federal Reserve decision-making body may face a power reshuffle.

Compared to the policy orientation during the same period, the new government is noticeably more friendly—planning to establish a dedicated position for overseeing crypto affairs and promoting the appointment of officials supportive of digital assets. What does this mean? Historical data shows that during the previous rate cut cycle, Bitcoin ETFs attracted hundreds of millions in funding, with the price directly reaching the 110,000 mark. Changes in policy expectations usually precede market pricing.

Power struggles within traditional finance have given decentralized assets a new stage. Such structural changes often serve as the trigger for market revaluation.