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Woofun AI reports that Bitcoin maintains a range-bound trajectory between $58,060 and $61,931 amid persistent macro uncertainty. Global markets continue to process the impact of Middle East developments, U.S. policy shifts, and central bank signals. The U.S. Supreme Court recently expanded presidential authority over federal agency dismissals while preserving Federal Reserve governor tenure, underscoring market focus on policy independence.
Meanwhile, U.S. strategic oil reserves hit their lowest level since 1983, and South Korea announced plans for large-scale AI data center construction, highlighting ongoing capital flows into infrastructure.
Geopolitical risks remain elevated despite a ceasefire framework in the Middle East. Iran stated it has no immediate plans for formal negotiations with the U.S., prioritizing bilateral memoranda and strengthening Strait of Hormuz navigation management. Conflicting statements regarding potential U.S.-Iran meetings in Doha persist, while high shipping insurance premiums and passage restrictions indicate unresolved energy supply chain vulnerabilities. On the monetary front, the Reserve Bank of Australia maintained a hawkish stance, not ruling out further rate hikes, whereas the Japanese yen breached key intervention levels, pressuring authorities to consider FX market action. These factors collectively sustain cautious sentiment and drive short-term risk preferences in crypto markets.