BNB and XRP are both closely tracking the footsteps of U.S. dollar policy.

Federal Reserve Board member Milan made a statement today that by 2026, interest rates need to be cut by about 150 basis points to boost employment. The U.S. Treasury Secretary is also urging the Fed to act faster. As expectations for rate cuts heat up, the market was once optimistic, but only 86.2% of people believe the Federal Reserve will hold steady in January. President Trump has already finalized the candidate for the next Fed Chair.

Once this news broke, the crypto market immediately became active. Bitcoin and Ethereum, which had been plunging yesterday due to poor economic data, quickly reversed—BTC retook the $90,000 level, and ETH also rose back above $3,100. It sounds impressive, but honestly, this rebound mainly relies on policy expectations; the foundation is still somewhat fragile.

The key moment is tonight—U.S. December non-farm employment data will be released. This data will directly determine how the market views the Fed's rate cut pace and is very likely to trigger significant volatility. The current mainstream expectation is that rates will remain unchanged in January, so investors are advised to stay cautious, avoid chasing the market, and wait until the data is out.