According to Fox News, DC restaurant groups have strongly criticized a boycott threat from Democratic leaders, allegedly supported by AOC and Bernie Sanders, labeling the action as 'baseless.' This political tension could introduce further uncertainty into local economies, which may influence investor sentiment in digital assets such as Bitcoin and Ethereum. Historically, heightened political risk and business disruption in major cities have driven increased interest in decentralized assets as a hedge against traditional market volatility (Source: Fox News, June 5, 2025). Traders should monitor related developments for possible short-term impacts on crypto market volatility.

According to Cas Abbé (@cas_abbe), Abraxas Capital is currently shorting Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), even while accumulating ETH in their spot portfolio. This approach is a classic hedging strategy aimed at minimizing portfolio risk, as confirmed by transaction data shared on Twitter. Abraxas Capital’s short positions are currently facing unrealized losses exceeding $20 million, but their spot ETH holdings may offset some of these losses if the market reverses. For crypto traders, this signals that large institutions are actively managing risk through both spot accumulation and derivatives trading, which may impact short-term volatility in BTC, ETH, and SOL markets. Source: Cas Abbé (@cas_abbe), May 22, 2025.