According to Fox News, California Governor Gavin Newsom stated 'Trump is not a king' following a pivotal legal case regarding federal versus state control of the National Guard. The outcome of this case has increased political uncertainty, which can influence trading sentiment across financial markets, including cryptocurrencies. Heightened regulatory uncertainty often leads to increased volatility for major digital assets such as BTC and ETH, as traders react to shifts in federal authority and potential policy changes (source: Fox News, June 20, 2025).