According to Fox News, President Trump has signed an executive order establishing May 8 as 'Victory Day,' a new official holiday in the United States to commemorate the end of WWII in Europe (source: Fox News, May 8, 2025). For crypto traders, this national holiday could impact US trading volumes and liquidity, as traditional financial markets may close or experience lower activity, potentially increasing volatility in major cryptocurrencies like Bitcoin and Ethereum. Traders should monitor for thinner order books and potential price swings, especially as US-based exchanges and institutional investors may adjust their schedules to the new holiday (source: Fox News).