Trump's speech on Friday may exacerbate market volatility as investors shift towards low volatility assets, causing cryptocurrency to fall

Odaily Planet Daily reported that US President Donald Trump will deliver a speech later on Friday, and market volatility seems to continue to intensify. Griffin Ardern, head of options trading and research at BloFin, a cryptocurrency platform, said: "Domestic policies in the United States have become unstable, and the White House seems willing to exploit this instability. Given the challenges investors face in obtaining accurate forward guidance, many are more inclined to hold low volatility assets... Traders need to liquidate positions to reduce exposure to specific assets before turning to other markets, which explains the decline in almost all asset classes, including cryptocurrencies." (Coindesk)