The White House made another big move today.

The Department of Transportation, together with the President’s Office, launched a new initiative called “Freedom Means Affordable Cars”—directly slashing the 2031 fuel efficiency standards for cars, lowering the requirements from the original high bar to 34.5 mpg. In plain terms, gas cars no longer need to be as fuel efficient.

With this policy, the manufacturing costs for traditional gasoline vehicles immediately drop. Ordinary families can save nearly $1,000 when buying a new car. Subsidies for new energy vehicles and emission restrictions? Directly canceled. The official stance is that this aims to reduce commuting burdens for regular people and revitalize the U.S. auto industry, with an estimated $109 billion in savings for families over the next five years.

Automakers and some state governments are, of course, applauding the move, but environmental groups are furious—they say this will lead to a sharp rise in carbon emissions and air pollution, and will hurt the new energy sector.

The market reaction has been straightforward. On social media, the hashtags #AffordableCars和# and TrumpTransportPolicy shot up the trending lists. Auto stocks, oil and gas sectors, and traditional manufacturing all saw a short-term surge. But things are rough on the new energy and green energy side, with asset prices experiencing sharp volatility.

The impact of such a policy shift on macro sentiment is actually quite obvious. Traditional energy benefits, green sectors come under pressure, and capital flows may get reshuffled. Although the crypto market doesn’t seem directly related to auto policy, changes in risk appetite and capital reallocation—including the performance of mainstream coins like BTC and ETH—will inevitably be affected to some extent. After all, the interconnection between various asset classes is getting stronger.