Recently, U.S. Treasury Secretary Becerra publicly stated that Powell currently has no reason to leave the position of Fed Chair. This remark not only stabilized the policy direction of the Fed but also triggered a strong reaction in the Crypto Assets market. Meanwhile, the recently passed stablecoin regulatory bill in the U.S., along with the government's proactive layout for Digital Money, is bringing new changes to the Crypto Assets market.

Bessent's statement directly negates the possibility of dismissing Powell, emphasizing that the current economic performance is strong. This position not only alleviates market concerns about a sudden change in Fed policy but also suggests that Powell will continue to lead the direction of U.S. monetary policy.

For the crypto assets market, this statement may have the following effects: First, the market's expectation of a Fed rate cut may strengthen. If the Fed cuts rates as scheduled before the end of the year, global liquidity may further ease, and a low-interest-rate environment may drive funds toward high-risk, high-return assets, with Bitcoin potentially benefiting from its safe-haven properties. Second, the stability of the policy may have a positive impact on the market. Powell's reappointment may avoid policy fluctuations caused by personnel changes, providing a more predictable regulatory environment for the crypto assets market, which may enhance institutional investors' confidence in entering the market.

At the same time, the stablecoin regulatory bill recently passed by the U.S. government has also attracted widespread attention from the market. This bill provides a formal framework for the regulation of stablecoins, which some analysts see as an important measure for the dollar to maintain its dominance in the digital age. This means that major dollar stablecoins like USDT and USDC could become important carriers of the digital dollar, and the influence of the dollar may further expand through Crypto Assets.

However, we also need to recognize that the crypto assets market presents both opportunities and risks. While investors focus on market opportunities, they should also remain vigilant, rationally view market changes, and make prudent investment decisions.