According to Fox News, Columbia University will lay off approximately 180 staff members following the Trump administration's cancellation of $400 million in federal grants due to the university's failure to address antisemitic harassment of Jewish students (Source: Fox News, May 6, 2025). This significant reduction in funding and staff could trigger broader volatility in education sector stocks, especially those with federal grant dependencies. The news also correlates with growing uncertainty in traditional markets, which often prompts increased interest in decentralized assets such as Bitcoin and Ethereum during periods of institutional instability. Crypto traders may monitor shifts in sector rotation and risk sentiment, as further education-related disruptions could fuel short-term inflows into top digital assets.