According to Fox News, Senator Cory Booker has publicly declined campaign donations from Elon Musk, instead urging Musk to raise public awareness regarding a Trump-backed congressional bill that could significantly impact cryptocurrency regulations. Booker's move highlights heightened political scrutiny of crypto-related legislation and signals potential volatility for digital asset markets as policymakers debate new compliance requirements. Traders should monitor the progress of this bill, as its passage could introduce stricter regulatory frameworks influencing market sentiment and trading volumes (source: Fox News).