Bitcoin

Crypto markets are currently driven by macro fear (Fear & Greed at 28) and high BTC dominance, indicating a risk-off environment. Any news that suggests political stability in a G7 economy could slightly ease risk aversion, but the effect is negligible compared to Fed policy or regulatory headlines. The UK's social care reform is a domestic fiscal issue; if it leads to higher taxes or spending, it might indirectly affect GBP and UK-based crypto adoption, but that is a long shot.

Burnham invites Tories and Liberal Democrats to cross-party talks on social care reform.