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Bitcoin

This resignation exemplifies growing Western political instability that indirectly impacts crypto through reduced institutional confidence in fiat systems. However, with the US presidential election cycle dominating macro narratives and UK crypto regulation remaining peripheral, the primary driver remains Fed policy rather than Westminster turmoil. The market is already pricing in 90% probability of delayed rate cuts (CME FedWatch), making political noise secondary to monetary policy.

Health Secretary Wes Streeting resigned from Starmer's government, citing loss of confidence in the leadership.

Wes Streeting's Resignation Is a Non-Event for Crypto — But the Fear Gauge Isn't

UK Health Secretary resignation is a political non-event for crypto – the real story is that fear is peaking at the same time as a 7-day -4.8% BTC drop, historically a contrarian buy signal.

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