According to Fox News, the US Supreme Court has blocked Mexico's lawsuit against American gun manufacturers, a decision that led to an immediate uptick in major defense and firearms-related stocks, including Smith & Wesson and Sturm, Ruger & Co. (source: Fox News, June 5, 2025). This ruling is expected to bolster investor confidence in the defense sector, potentially increasing capital flows into related equities. For the cryptocurrency market, heightened activity in US defense stocks may trigger increased risk appetite among traders, supporting a short-term bullish sentiment for Bitcoin and Ethereum as investors rotate gains into digital assets seeking diversification (source: CoinDesk, historical trading patterns).