According to Fox News, California has filed a lawsuit against the U.S. Department of Justice (DOJ) in response to federal demands regarding transgender athlete participation in school sports (source: Fox News, June 10, 2025). This high-profile legal action introduces new regulatory uncertainty, which historically has increased volatility in both traditional and crypto markets. Traders should monitor developments closely as regulatory actions in the U.S. have previously triggered shifts in crypto trading sentiment and liquidity, particularly for projects with legal or compliance exposure.