Bitcoin

Crypto markets are already trading in extreme fear (Fear & Greed at 8) and a bearish macro environment. Any non-market shock, no matter how small, can be used by traders to justify further selling, especially if it coincides with BTC testing support near $63k. However, the direct link is negligible; the event's significance is more about reinforcing a cautious geopolitical narrative.

March & March campaign group has given illegal immigrants in South Africa until 30 June to leave the country, leading to widespread fear among African migrants.