【Federal Reserve Chair Threatened with Criminal Charges, Cryptocurrency Rises】Bitcoin up 1.40%, other mainstream cryptocurrencies collectively gained on Sunday evening U.S. Eastern Time. Previously, Federal Reserve Chair Jerome Powell issued a warning about the political pressures facing the central bank, and traders are weighing the relevant macroeconomic positive factors. Presto Research Director Peter Chung pointed out that Bitcoin's rise "coincided precisely with the release of Powell's video," while gold prices also surged significantly. As of press time, spot gold prices increased by 1.3%, to $4,569.

　　"These price movements strongly indicate that Powell's comments about 'the threat to the Federal Reserve's independence' have triggered concerns among investors about the traditional financial system dominated by the US dollar." Peter Chung added that confidence in the neutrality of the dollar is at the core of its reserve currency status, "Once the public fully believes that the dollar's neutrality is no longer maintained, investors will start seeking hedging tools within the traditional system, and gold and Bitcoin are exactly such hedge assets."#鲍威尔