According to Fox News, the Trump administration has formally asked the Supreme Court to authorize significant reductions in the federal workforce, a move that could lead to increased volatility in both the stock and cryptocurrency markets as traders anticipate potential regulatory changes and economic shifts. Investors may see short-term fluctuations in government-linked equities and tokens tied to public sector initiatives, while uncertainty around federal spending could drive increased demand for decentralized assets such as Bitcoin and Ethereum. Source: Fox News (@FoxNews, June 2, 2025).