According to Fox News, Cardinals are gathering for a conclave to select the new pope, a major event that historically brings global attention and can influence market sentiment (Source: Fox News, May 7, 2025). For cryptocurrency traders, such significant geopolitical and cultural events often drive increased volatility as global investors reassess risk exposure and safe-haven assets. Past papal elections have coincided with shifts in traditional financial markets, which can ripple into crypto trading pairs, particularly Bitcoin and stablecoins, as traders look for alternative asset classes during periods of uncertainty.

According to Fox News, Ellen DeGeneres and her wife Portia de Rossi have relocated to the UK after reportedly leaving the United States following the election of President Donald Trump (Source: Fox News Twitter, May 7, 2025). While this celebrity move has limited direct financial market impact, high-profile relocations and political uncertainty in the US can influence investor sentiment, particularly among crypto traders seeking safe havens or alternative jurisdictions. Increased attention to international residency trends may result in higher search volumes for Bitcoin and Ethereum as hedges against political risk, highlighting the importance of tracking celebrity-driven migration events for crypto trading strategies (Source: Fox News Twitter).