Former President Donald Trump announced a federal immigration crackdown in Chicago, dubbed โChipocalypse Now,โ mobilizing agents and potentially the National Guard to enforce deportations.
Although intense, the crackdown hasnโt affected crypto markets, emphasizing the separation between federal actions and digital asset stability.
Trump Threatens โChipocalypse Nowโ in Chicago
Donald Trump threatens to escalate federal immigration enforcement in Chicago, referring to the operation as โChipocalypse Now.โ This mirrors his previous surges in other U.S. cities, including Los Angeles and Washington, D.C. โI love the smell of deportations in the morningโฆ Chicago about to find out why itโs called the Department of WAR.โ CBS News
The operation includes the deployment of federal agents, potentially including the National Guard. Illinois Governor J.B. Pritzker and Chicago Mayor Brandon Johnson have voiced opposition, cautioning against actions that threaten community safety.
Minimal Crypto Market Reaction to Chicago Deployment
Local leaders have postponed events due to concerns about immigrant safety. Financial analysis indicates minimal impact on cryptocurrency markets, with no changes in institutional capital or major digital assets like ETH and BTC.
Although previous federal deployments caused some sell-offs of privacy tokens, historical data suggests that major crypto markets remain largely unaffected by enforcement actions unless digital finance is directly targeted.
Past Federal Actions Show Little Long-term Crypto Impact
Trumpโs use of federal resources mirrors 2020 Portland operations which led to temporary crypto sell-offs. However, there were no lasting effects on major assets in 2025 Los Angeles and DC deployments.
Expert insights suggest minimal cryptocurrency disruption, with no undue activity noted in GitHub or project forums. Discussions focus on civil rights rather than crypto risks, reflecting historical trends.
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