According to Fox News, ICE officials conducted a weeklong operation resulting in the arrest of 422 suspected illegal migrants, with 262 having prior criminal convictions such as murder, arson, aggravated assault, and narcotics offenses (Source: Fox News, May 12, 2025). This large-scale enforcement action could increase short-term volatility in U.S. financial markets, particularly as traders closely watch for policy shifts on border security and immigration that may impact investor sentiment. Crypto market participants should monitor related regulatory discussions, as heightened enforcement and political responses can influence risk appetite and capital flows into digital assets, especially those tied to U.S. regulatory developments.