According to @BullTheoryio, a sitting Fed Chair has for the first time accused the President of pressuring him to cut interest rates for political reasons, tied to federal subpoenas around the Fed headquarters renovation that Powell publicly characterized as pressure to force rate cuts. Source: @BullTheoryio. According to @BullTheoryio, markets reacted immediately with a weaker US dollar and a strong move higher in gold, reflecting concerns about policy independence and perceived easier conditions. Source: @BullTheoryio. According to @BullTheoryio, the trading setup splits into two paths: a short-term liquidity boom where faster, politically driven cuts weaken the dollar and lift risk assets including BTC and ETH, and a longer-term credibility break where doubts about Fed independence weaken USD for longer, reduce foreign demand for Treasuries, push long-end yields higher, and lift inflation expectations. Source: @BullTheoryio. According to @BullTheoryio, the 1970s Nixon–Burns precedent showed short-term market gains followed by double-digit inflation and, later, Volcker’s near-20 percent rates and recession—highlighting the risk that political pressure can cause near-term rallies but long-term damage. Source: @BullTheoryio.

According to @garyblack00, U.S. equity futures are sharply lower pre-market after actions by the Trump Administration to escalate pressure on the Federal Reserve to cut short-term rates, which he notes threatens Fed independence and would increase inflation expectations and long-term interest rates (source: @garyblack00 on X, Jan 12, 2026). According to @garyblack00, gold and silver surged to new highs in early trading, signaling strong demand for havens amid policy uncertainty (source: @garyblack00 on X, Jan 12, 2026). According to @garyblack00, Brent crude fell after Iran reported security forces have full control of the country following two weeks of upheaval (source: @garyblack00 on X, Jan 12, 2026). According to @garyblack00, NVDA and TSLA are both down pre-market in line with the Nasdaq, reflecting broad tech weakness into the open (source: @garyblack00 on X, Jan 12, 2026).

According to The Kobeissi Letter, Fed Chair Jerome Powell publicly countered President Trump's criticism, saying the threat of criminal charges is a consequence of the Fed setting rates based on its assessment rather than the President's preferences; source: The Kobeissi Letter on X, Jan 12, 2026. According to The Kobeissi Letter, US stock futures fell over 0.5% immediately after the remark, and the Fed is expected to pause rate cuts again on January 28, underscoring near-term event risk for rates-sensitive assets; source: The Kobeissi Letter on X, Jan 12, 2026. Crypto traders should note that macro shocks and equity selloffs have historically coincided with higher crypto–equity correlation, implying potential volatility spillover to BTC and ETH during policy uncertainty; source: International Monetary Fund, Crypto Prices Move More in Sync with Stocks, 2022.

According to @QCPgroup, the key September driver is Federal Reserve independence rather than a rate cut, with markets already pricing a higher term premium, a weaker US dollar, and support for gold and BTC; source: @QCPgroup on X, Sep 3, 2025. @QCPgroup adds that this backdrop is supportive for gold and BTC as the dollar softens and term premium rises; source: @QCPgroup on X, Sep 3, 2025.