List of Flash News about federal intervention
Time | Details |
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2025-06-08 01:49 |
Trump Threatens Federal Intervention in California Riots: Crypto Market Braces for Volatility
According to The White House (@WhiteHouse), President Donald J. Trump announced that if California Governor Gavin Newsom and Los Angeles Mayor Karen Bass are unable to control the ongoing riots and looting, the Federal Government will intervene directly (source: Twitter, June 8, 2025). This strong statement raises concerns about potential civil unrest and increased regulatory scrutiny, both of which historically lead to heightened volatility in cryptocurrency markets as traders seek safe-haven assets and hedge against uncertainty. Crypto trading volume and volatility may spike, especially for Bitcoin and stablecoins, as investors react to potential escalations and government actions. |