By the end of 2025, the Federal Reserve's policy adjustments have sparked quite a bit of discussion. Authorities are balancing inflation pressures and soft employment, fine-tuning interest rates, but these moves have limited actual impact on the crypto market.

The large liquidity injections at year-end sound impressive, but the market's response has been tepid. In contrast, more noteworthy is the $30.7 billion in crypto assets held by the U.S. government. While this number seems significant, to be honest—this money mainly comes from law enforcement seizures and litigation recoveries, and does not represent an active official strategy in digital assets, making its fiscal significance quite limited.

In other words, don't be fooled by the surface numbers. Market liquidity and policy shifts can influence short-term trends, but the true long-term driver of crypto ecosystem development depends on the maturity of applications and mechanisms themselves. The increase in government-held assets is more a result of law enforcement actions rather than a sign of market confidence.