Bitcoin

The Conservative Party's plan to reduce building regulations is part of a broader shift towards supply-side reforms to boost economic growth, potentially leading to higher government debt and inflationary pressures. In this environment, Bitcoin's fixed supply and inflation-hedge narrative could gain traction, especially as central banks face pressure to keep rates low. However, with the Fear & Greed Index at 73 (Greed) and BTC dominance high, the market is already pricing in optimism, limiting upside from such news.

The UK Conservative Party announced a plan to cut certain building regulations to reduce construction costs, with a claim that it could make new houses £50,000 cheaper.