Bitunix analyst: Market focus shifts to high capital costs as geopolitical risks subside

Bitunix analysts point out that as Middle East tensions ease and energy supply chains recover, market focus is shifting from geopolitics to inflation, fiscal policy, and capital costs. U.S. Treasury Secretary Besent emphasized supply chain self-sufficiency and energy security, and U.S. June manufacturing data reflected structural differences in the economy. Investors are repricing persistent inflation, paying close attention to Federal Reserve Chair Kevin Walsh’s policy stance and the Fed’s policy path. Changes in global liquidity conditions and risk appetite impact the crypto market, and capital flow depends on U.S. Treasury yields and Federal Reserve policy signals.