According to Fox News, White House Deputy Chief of Staff @StephenM criticized the Biden administration for granting a work permit in 2023 to the suspect involved in the Colorado terror attack after overstaying a tourist visa (Fox News, June 3, 2025). This high-profile criticism has increased policy uncertainty, leading to short-term volatility in crypto market sentiment as traders react to potential regulatory changes and risk-off moves.

According to The White House’s official Twitter post on May 2, 2025, stating 'The only DEI we support: Deport Every Illegal,' traders should monitor potential market sentiment shifts, particularly in sectors sensitive to U.S. regulatory and immigration policies. Historically, strong policy statements from U.S. leadership have led to increased volatility in risk assets including cryptocurrencies, as seen during previous policy announcements (source: @WhiteHouse). Market participants may seek hedging opportunities or adjust exposure in response to anticipated regulatory or macroeconomic impacts.