Bitcoin

The speech's neutral content highlights how traditional politics is decoupled from crypto's price action, which is now 80% driven by Fed policy expectations and US regulatory shifts. This reinforces that crypto has become a macro-sensitive asset class where domestic political events only matter if they trigger currency volatility (e.g., GBP 1.5% swing) or capital flight.

The King's Speech outlines the UK government's legislative agenda, with BBC Chief Political Correspondent Henry Zeffman explaining the next steps.