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Bitunix Analyst: House of Commons Seeks to End "Dual Mandate" Impact on Monetary Framework, Political Risk Amplifying Cryptocurrency Volatility

3 hours ago

September 20th: Yesterday, the House Republican Party proposed the "2025 Price Stability Act," advocating that suppressing inflation should be the sole objective. This bill aims to end the Federal Reserve's nearly 50-year dual mandate of "maximum employment + price stability" and promote a structural review of the functions and accountability of the central bank. This move will increase the politicization risk of monetary policy, potentially leading to an increase in short-term policy uncertainty premiums and causing fluctuations in the US dollar, Treasury bonds, and the stock market. If implemented in the long run, it may change asset allocation logic and affect risk premium pricing. Bitunix Analyst Suggestion: This bill is highly political and procedural. Short-term impacts are mainly driven by emotions and expectations, while actual institutional changes require inter-house negotiations and time. Stay tuned for updates on the congressional voting process, responses from the Treasury Department and the Fed, as well as real-time bond market trends. The politicized issue will make the market more sensitive to data and policy statements. BTC is monitoring resistance at 119,000 and 120,500; support at 113,000, 111,000 / 108,000.
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Whales Market will list the Monad token MON in the pre-market.

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A whale has increased their holdings by 6,486,000 ASTER tokens, with an average price of $1.15 per token.

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Coinbase CEO: Aiming to Build a Crypto Super App to Replace Traditional Banks

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A whale has spent 2 million USDT to open a position in ASTER

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