Global markets are influenced by geopolitics and policies, with bitcoin remaining in a consolidation range.
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Bitunix analyst points out that global markets are influenced by geopolitical factors, US policy, and central bank developments, with the crypto market currently in a phase of consolidation. The US Supreme Court ruling impacts the independence of the Federal Reserve; US strategic petroleum reserves have dropped to their lowest level since 1983; there is a gap between Iran and Trump regarding US-Iran negotiations; and oil prices have retreated to around $70. The Reserve Bank of Australia maintains a hawkish stance, while the Japanese yen faces intervention pressure. Bitcoin is currently consolidating within the range of $58,060 to $61,931.
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