BlockBeats News, September 20: Yesterday, the Republican Party of the House of Representatives proposed the “2025 Price Stability Act,” advocating for inflation suppression as the sole objective. This bill is intended to end the Federal Reserve’s nearly 50-year dual mandate of “maximum employment + price stability” and promote a structural review of the central bank’s functions and accountability. This move will increase the politicization risk of monetary policy, potentially raising short-term policy uncertainty premiums, causing fluctuations in the U.S. dollar, treasuries, and the stock market. If implemented in the long run, it may alter 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 emotion and expectations, while actual institutional changes require inter-house negotiations and time. Stay tuned for updates on congressional voting processes, responses from the Treasury Department and the Fed, as well as real-time bond market trends. The politicized issue will increase the market’s sensitivity to data and policy statements. BTC is monitoring resistance at 119,000 and 120,500; support at 113,000, 111,000 / 108,000.


