According to Francisco Rodrigues, Bitcoin rose to near $107,000 as a U.S.-brokered ceasefire between Iran and Israel reduced oil supply fears, lifting risk assets and the CoinDesk 20 index by 1%. Susannah Streeter of Hargreaves Lansdown warned that doubts about the truce's stability could resurface, citing U.S. intelligence reports. Federal Reserve Chair Jerome Powell emphasized patience on interest-rate cuts due to elevated inflation and tariff pressures, with Bitunix analysts noting short-term policy uncertainty. Traders are monitoring Powell's Senate testimony and upcoming economic data, as derivatives activity suggests range-bound trading near $100,000 to $105,000, according to Jake O of Wintermute.