According to Fox News, Governor Newsom's office confirmed that recent Marine movements are not deployments but routine transfers between bases, dispelling rumors of heightened military activity (source: Fox News). For crypto traders, this clarification reduces risk-off sentiment and market volatility that often follows military deployment rumors. Stable geopolitical conditions tend to support risk appetite in digital asset markets, potentially maintaining bullish momentum for Bitcoin and Ethereum in the wake of this news.

According to Fox News, Hakeem Jeffries called the Department of Homeland Security a 'complete and total embarrassment' and attributed protest violence to former President Trump. This political conflict, highlighted in Fox News live updates (source: Fox News, June 9, 2025), may contribute to increased regulatory uncertainty. Traders should monitor for potential shifts in crypto regulation or enforcement, as heightened political tension can trigger volatility in digital asset markets and influence investor sentiment, especially regarding compliance and security within the crypto industry.