CoinEx News: Bitcoin has slipped only slightly and remains above $60,000 despite rising tensions in the Middle East, renewed inflation concerns, and more expensive borrowing. CoinEx Research believes this shows that selling pressure has not accelerated. However, it is still too early to say Bitcoin has reached a market bottom.

Weak US employment data would normally increase the chance of interest-rate cuts. However, concerns about energy supplies may keep prices high and force interest rates to remain elevated for longer. When rates stay high, cash and safer government bonds become more attractive, leaving less money available to flow into Bitcoin and other cryptocurrencies.

This week’s inflation data, retail sales, Federal Reserve comments, and major company earnings will provide more clues. Disruptions to oil refining and shipping in the Middle East may keep fuel prices high. At the same time, technology companies are borrowing heavily to build AI infrastructure. When governments and companies compete for funding, borrowing becomes more expensive and investors may have less money for volatile assets such as crypto.

CoinEx Research believes that if inflation cools, returns on US government bonds fall, and Bitcoin moves back above $63,000–$64,000, its current stability may become a stronger sign that a bottom is forming. If borrowing costs keep rising and Bitcoin falls below $60,000, that view would weaken. Until the direction becomes clearer, using less leverage and keeping positions smaller may be safer than betting heavily on a single economic report.