According to Fox News, GOP lawmakers are set to question blue state governors on their sanctuary city policies in a high-profile congressional hearing. Traders should note that such political scrutiny can escalate regulatory uncertainty, which historically leads to increased short-term volatility in both traditional and cryptocurrency markets. Regulatory actions and headline risks often drive risk-off sentiment, potentially impacting Bitcoin and altcoin prices as investors adjust their portfolios in response to perceived policy shifts. Market participants are advised to monitor legislative developments closely, as they may influence capital flows into crypto assets. (Source: Fox News, May 6, 2025)