According to Fox News, President Biden’s recent last-minute pardons and the release of the Hur tape have intensified political uncertainty, leading to increased calls for prosecution. This heightened volatility in U.S. political risk is influencing cryptocurrency market sentiment, as traders closely monitor potential regulatory shifts and policy impacts that could affect digital assets in 2025 (source: Fox News, May 18, 2025). The convergence of these events is prompting increased hedging activity and short-term volatility across major crypto pairs, as market participants seek to manage exposure amid potential changes in the U.S. legal and regulatory environment.