Escalation of Middle East Conflict and Concerns Over AI Bubble Intensify Volatility in Global Risk Assets

Trump announced the end of the temporary ceasefire agreement between the US and Iran; the US military launched strikes against Iran, Iran suspended peace talks and countered by blocking the strait. The Federal Reserve meeting minutes indicate the committee has begun assessing the possibility of raising interest rates or maintaining high rates, and investment in AI infrastructure is seen as a new factor driving inflation. The International Monetary Fund pointed out that US inflation may not drop back to the 2% target until the end of 2027, and warned that AI asset valuations may be overheating. After Bitcoin fell below $62,500 yesterday, it rebounded and is now testing the $63,000 resistance; if it fails to hold, there is still a chance it may retest the $60,000 liquidation zone. Bitunix analysts stated that uncertainty regarding Federal Reserve policy, energy price fluctuations, and rising risk aversion sentiment are keeping the market highly volatile in the short term.