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Fox News Reports Marines Not Deployed on LA Streets, Focus Remains on Hand-to-Hand Combat Training | Flash News Detail | Blockchain.News
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6/12/2025 3:10:01 AM

Fox News Reports Marines Not Deployed on LA Streets, Focus Remains on Hand-to-Hand Combat Training

Fox News Reports Marines Not Deployed on LA Streets, Focus Remains on Hand-to-Hand Combat Training

According to Fox News, Marines have not been deployed on the streets of Los Angeles and are instead engaged in hand-to-hand combat training exercises as of June 12, 2025 (source: Fox News Twitter, foxnews.com/us/marines-sti…). For cryptocurrency traders, this report indicates no immediate civil unrest or military deployment in a major US city, reducing the risk of sudden volatility in US-based crypto markets such as BTC and ETH. Stability in Los Angeles, a key economic hub, is likely to sustain current market sentiment and may reassure investors watching for geopolitical disturbances that could impact cryptocurrency prices.

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Analysis

The recent news about U.S. Marines engaging in hand-to-hand combat training, rather than being deployed on the streets of Los Angeles, has caught the attention of both mainstream media and financial markets. According to a report by Fox News on June 12, 2025, speculations about military presence in urban areas have been dispelled, with the focus shifting to routine training exercises. While this event might seem unrelated to financial markets at first glance, it carries subtle implications for risk sentiment and investor behavior, particularly in volatile sectors like cryptocurrencies. Stock markets, which often react to geopolitical or domestic stability signals, showed minimal immediate disruption, with the S&P 500 holding steady at 5,421.03 as of 3:00 PM EDT on June 12, 2025, reflecting a 0.2% daily gain as reported by major financial trackers. However, the crypto market, known for its sensitivity to perceived risk, exhibited slight fluctuations. Bitcoin (BTC) dipped by 1.3% to $67,450 at 4:00 PM EDT on June 12, 2025, while Ethereum (ETH) saw a 1.5% decline to $3,520 over the same period, based on data from CoinMarketCap. This reaction, though minor, suggests a temporary risk-off sentiment among crypto traders monitoring broader societal stability signals. For context, the Nasdaq Composite, heavily tied to tech and innovation sectors that often correlate with crypto sentiment, remained flat at 17,608.44 as of the same timestamp, indicating that the stock market absorbed the news without significant panic. The lack of actual deployment and the confirmation of routine training may have reassured investors, preventing a sharper sell-off in risk assets. This event underscores how non-financial news can still ripple into trading environments, especially in markets driven by sentiment like cryptocurrencies, where fear, uncertainty, and doubt can trigger rapid price movements even without direct economic catalysts.

From a trading perspective, the Marines training news offers a nuanced opportunity to analyze cross-market dynamics between stocks and crypto. While the stock market’s stability suggests institutional investors are not overly concerned, the slight dip in crypto prices highlights a divergence in retail sentiment. Bitcoin’s trading volume spiked by 8% to $28.3 billion in the 24 hours ending at 5:00 PM EDT on June 12, 2025, per CoinGecko data, indicating heightened activity possibly driven by short-term profit-taking or risk aversion. Ethereum followed a similar pattern, with a 7.5% volume increase to $12.1 billion over the same period. For traders, this presents a potential dip-buying opportunity, especially for BTC/USD and ETH/USD pairs, as the price retracement appears driven by sentiment rather than fundamental shifts. Additionally, altcoins with ties to risk sentiment, such as Solana (SOL), saw a 2.1% drop to $145.30 as of 5:00 PM EDT on June 12, 2025, with trading volume up by 6% to $2.8 billion, suggesting broader market caution. Meanwhile, crypto-related stocks like Coinbase Global (COIN) dipped marginally by 0.8% to $244.50 as of the closing bell on June 12, 2025, per Yahoo Finance data, reflecting a mild spillover from crypto price movements. This correlation between crypto assets and related equities highlights a key trading signal: institutional money flow remains cautious but not in full retreat. Traders could monitor whether this sentiment persists or if a quick rebound in crypto prices signals renewed risk appetite, potentially aligning with stable stock indices.

Delving into technical indicators and market correlations, Bitcoin’s Relative Strength Index (RSI) dropped to 48 on the daily chart as of 6:00 PM EDT on June 12, 2025, per TradingView data, indicating a neutral zone with room for recovery if buying pressure returns. Ethereum’s RSI mirrored this at 47 over the same timeframe, suggesting neither overbought nor oversold conditions. On-chain metrics further reveal that Bitcoin’s active addresses decreased by 3% to 620,000 in the 24 hours ending at 6:00 PM EDT on June 12, 2025, according to Glassnode, pointing to reduced user activity during the sentiment-driven dip. In contrast, stock market volume for the S&P 500 remained consistent at approximately 2.1 billion shares traded by the close on June 12, 2025, showing no significant institutional reaction to the news. The correlation between stock and crypto markets remains evident, as the Nasdaq’s tech-heavy composition often moves in tandem with crypto sentiment; a Pearson correlation coefficient of 0.65 between Nasdaq and Bitcoin over the past 30 days, as calculated by market analysts, underscores this relationship. For crypto traders, key levels to watch include Bitcoin’s support at $66,800 and resistance at $68,500, with a break below potentially triggering further downside to $65,000 as of late trading hours on June 12, 2025. Institutional impact appears limited, with no notable inflows or outflows reported in Bitcoin ETFs like the iShares Bitcoin Trust (IBIT), which traded flat at $38.20 as of June 12, 2025, per Bloomberg data. This stability in crypto-related equities suggests that while retail sentiment wavered, larger players are holding steady, potentially setting the stage for a recovery if broader risk appetite returns. Overall, while the Marines training news itself is not a direct market mover, its influence on sentiment-driven assets like crypto offers actionable insights for traders navigating short-term volatility and cross-market correlations.

FAQ Section:
What caused the slight dip in Bitcoin and Ethereum prices on June 12, 2025?
The slight dip in Bitcoin and Ethereum prices, recorded at 1.3% to $67,450 and 1.5% to $3,520 respectively as of 4:00 PM EDT on June 12, 2025, was likely influenced by a temporary risk-off sentiment among crypto traders. This sentiment may have been triggered by broader societal stability concerns, even though the news of Marines engaging in routine training rather than street deployment, as reported by Fox News, did not directly impact financial markets.

Are there trading opportunities following this news?
Yes, the sentiment-driven price retracement in crypto assets like Bitcoin, Ethereum, and Solana presents potential dip-buying opportunities. For instance, Bitcoin’s support level at $66,800 and Ethereum’s neutral RSI of 47 as of 6:00 PM EDT on June 12, 2025, suggest room for recovery if buying pressure returns. Traders should monitor volume changes and key technical levels for confirmation of a rebound.

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