Markets are digesting several major developments today. The Federal Reserve's ongoing investigation is rattling investor confidence, with bank stocks taking a notable hit as traders recalibrate their positions. Meanwhile, policy attention is shifting, with major geopolitical considerations moving front and center. On the corporate side, media and entertainment stocks are watching the latest consolidation moves unfold in real-time. These cross-currents paint a complex picture for the broader financial ecosystem—the kind of macroeconomic backdrop that crypto investors can't ignore when sizing up risk and opportunity in their portfolios.