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2025-06-13
17:48
L3Harris (LHX) Defense Stock Surges 17% as Armed Services Committee Members Buy Shares – Crypto Market Impact Analysis

According to PelosiTracker_ on Twitter, both Markwayne Mullin (R) and Gil Cisneros (D), who serve on the Armed Services Committees, have purchased shares of L3Harris (LHX) in the past month. L3Harris, the 6th largest defense contractor in the US, has seen its stock price rise by 17% over the same period (source: PelosiTracker_). This trading activity by influential lawmakers signals increased confidence in the defense sector, which could indirectly impact crypto markets as investors may shift capital toward stocks with strong government ties. Crypto traders should monitor defense sector developments for potential spillover effects on blockchain and cybersecurity-related crypto projects.

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