According to Fox News, Secretary of Defense Pete Hegseth announced that transgender troops have between 30 and 60 days to separate from the military following a court order that allows the ban on their service to proceed (Fox News, May 9, 2025). This policy shift introduces increased uncertainty in U.S. defense policy, which has historically impacted investor sentiment and risk tolerance across financial markets. Traders should monitor potential volatility in U.S.-centric assets and safe-haven flows, as shifts in government policy and social stability can indirectly influence crypto market liquidity and risk appetite, especially with increased search volume on terms like 'crypto safe haven' and 'market volatility' during geopolitical developments.