The S&P 500 hits a new all-time high, but Wall Street's reaction to a major news event is much calmer than expected—The U.S. Department of Justice is conducting a criminal investigation into the Federal Reserve Chair.

Regarding Bitcoin, the price fluctuates between 90K and 93K, showing clear sideways consolidation. Interestingly, steadfast holders like MicroStrategy are once again demonstrating confidence, purchasing over 13,627 BTC in one go, a move that clearly indicates institutional optimism about the future market.

On Tuesday, January 13th, before the US stock market opens, JPMorgan will be the first to release its Q4 earnings report, signaling that a series of quarterly results from major financial institutions will soon be unveiled. On the same day, the December Consumer Price Index will also be released, which is crucial for assessing inflation trends.

Policy uncertainty is unfolding. Federal prosecutors have confirmed the initiation of a criminal investigation into Powell regarding his testimony before the Senate Banking Committee on the Federal Reserve building renovation project, an unusual move in Fed history. US stocks initially came under pressure, and concerns over the Fed's independence have also intensified.

However, industry leaders quickly responded. Former Fed Chairman Bernanke, former Treasury Secretary Yellen, and veteran economist Greenspan jointly issued statements condemning the investigation as an unprecedented political interference attempt, claiming its true purpose is to weaken the Fed's operational independence through judicial means. In their joint statement, they emphasized that maintaining the independence of the central bank is vital for financial system stability. This stance also reflects deep concerns on Wall Street about the current policy environment.