According to Fox News, ABC has suspended correspondent Terry Moran following his anti-Trump social media comments, sparking backlash from liberal and anti-Trump figures. This high-profile media controversy is contributing to volatility in media sector stocks, with traders monitoring for potential ripple effects across related digital assets and crypto tokens tied to media sentiment and news cycles. Heightened attention on media transparency and corporate governance may influence short-term trading strategies in both traditional and crypto markets as investors assess reputational risks and shifts in public discourse (Fox News, June 9, 2025).