According to Fox News, Republican governors announced on May 20, 2025, that they 'stand united' in support of former President Trump's 'One Big, Beautiful Bill.' This unified political backing signals potential acceleration of pro-market and deregulatory policies, which could directly influence cryptocurrency regulation and investor sentiment. Traders should watch for legislative details and timelines, as such policy shifts may lead to increased institutional participation and positive momentum in the crypto market, especially for assets sensitive to regulatory clarity (Source: Fox News).