Bitcoin

This event is not a direct crypto catalyst, but it reinforces a narrative of regulatory and political opacity that has historically weighed on risk assets. With the SEC's aggressive stance and ongoing investigations into crypto firms, any signal of government overreach or lack of transparency can further erode confidence in the regulatory environment, pushing capital toward safe havens like gold or stablecoins rather than volatile crypto.

Anthony Fauci invoked his Fifth Amendment right during a Senate hearing regarding the origins of Covid-19.