According to Fox News (@FoxNews), Director of National Intelligence Tulsi Gabbard emphasized on Jesse Watters' show that the risks posed by James Comey's recent post about Trump are serious and should not be underestimated. For traders, this development signals potential volatility in both traditional and crypto markets, as heightened political tensions often drive increased trading volume and sudden price swings in digital assets, especially Bitcoin and major altcoins. Source: Fox News (@FoxNews, May 16, 2025).

According to Fox News, the Secret Service is actively investigating former FBI Director James Comey after he posted an Instagram photo featuring seashells arranged to display the numbers '86 47.' White House officials have condemned the post, interpreting it as a potential threat to the 47th president. This high-profile government investigation is contributing to increased political risk sentiment, which can drive volatility in the cryptocurrency markets as traders factor in the potential for regulatory responses and broader market uncertainty (Fox News, May 16, 2025).

According to Fox News, Newark, NJ Mayor Ras Baraka was arrested for trespassing at an ICE detention facility, with three Democratic Congress members also demanding access for an oversight visit (source: Fox News Twitter, May 9, 2025). Such high-profile political disruptions may heighten regulatory uncertainty and volatility in US-based cryptocurrency markets, as increased scrutiny and potential policy shifts on immigration enforcement could influence investor sentiment and risk appetite.