In a recent development that has sparked significant political discourse, Tulsi Gabbard, former Democratic presidential candidate and Congresswoman, has publicly criticized what she describes as 'politically motivated' surveillance aimed at intimidating her after her outspoken criticism of Vice President Kamala Harris. According to a detailed report by Fox News on May 21, 2025, Gabbard claims that this surveillance is an attempt to silence her dissenting voice.
While this news primarily pertains to political dynamics, its ripple effects are being felt across financial markets, including cryptocurrencies, as political instability often influences investor sentiment and risk appetite. The crypto market, known for its sensitivity to macroeconomic and geopolitical events, has shown subtle yet noticeable reactions in the hours following the news release. For instance, Bitcoin (BTC) saw a brief dip of 1.2% from $68,500 to $67,700 between 9:00 AM and 11:00 AM EST on May 21, 2025, as reported by CoinGecko data.
This movement aligns with a broader trend of uncertainty in risk assets, including stocks, as investors weigh the potential for heightened political tensions in the U.S. Additionally, trading volumes for BTC/USD spiked by 8% on major exchanges like Binance during the same timeframe, indicating a rush to liquidate or hedge positions amid the unfolding news.
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