#比特币与黄金战争 $BTC $ETH $BIFI

On Christmas Eve on Wall Street, traders didn't go home. The message flashing on Bloomberg Terminal changed everything — the Federal Reserve cut interest rates again, lowering the range to 3.5%-3.75%. This is the third move this year; what is hidden behind this?

The signals have been there all along. Regional bank stocks are falling, subprime lenders like Tricolour declared bankruptcy, and century-old companies like FirstBrands are collapsing. Some say this resembles a replay of the Silicon Valley Bank crisis. Is the financial system really unable to withstand this time?

A more painful contradiction has been presented to Powell: inflation hasn't fully subsided, yet the financial system is already screaming. He hinted publicly that interest rates are "close to neutral," but internal Fed disagreements over whether to continue easing until 2026 are growing.

The global central bank dance has also become chaotic. The Bank of England followed the Fed in cutting rates, the European Central Bank chose to wait and see, while Japan raised rates to 0.75%. Monetary policy can no longer return to the era of coordinated moves.

The US economy is torn in two: GDP growth is still at 4.3%, which looks good, but corporate investment is shrinking, and the unemployment rate has risen to 4.6%. The banking crisis has been temporarily contained, but the risk of asset mismatch still lurks like a time bomb.

Where has the money gone? Gold surged past $4,370, completely igniting risk aversion. Will the rate cut wave continue in 2026? Is a bigger storm brewing?