According to Fox News, Harvard's president has voluntarily accepted a salary reduction after President Trump announced a freeze on federal funding for the university due to anti-Israel protests on campus (Source: Fox News, May 15, 2025). This federal funding freeze on a major educational institution could heighten risk sentiment across financial markets, including the cryptocurrency sector, as investors assess potential broader regulatory actions and shifts in capital allocation. Crypto traders should monitor for increased volatility and potential capital outflows from risk assets in response to heightened regulatory uncertainty.