According to Acyn, the increasing political engagements by crypto firms like Coinbase and Ripple, including sponsoring events and lobbying, could escalate regulatory scrutiny and erode market trust, potentially leading to price volatility for cryptocurrencies such as BTC and ETH. (Source: Acyn)

According to the author, concerns about the dilution of cypherpunk values in cryptocurrency could heighten trading risks by undermining market sentiment. Corporate actions like Coinbase's sponsorship of political events may attract regulatory scrutiny, potentially increasing volatility for assets like BTC and ETH. Recent price declines, such as BTC's 0.43% drop and ETH's 1.602% fall, reflect this uncertainty amid regulatory developments like the GENIUS Act.