According to Fox News, the first American pope, Leo XIV, delivered his inaugural homily as pontiff in the Sistine Chapel, marking a historic shift in the Catholic Church's leadership. While the event is primarily religious, traders should note that major global leadership changes like this can influence market sentiment, potentially impacting cryptocurrency trends as investors react to shifts in geopolitical and cultural landscapes (Fox News, May 9, 2025). Market participants are advised to monitor for increased volatility and possible shifts in safe-haven asset demand, as global events often drive speculative trading in Bitcoin and leading altcoins.