[Coinbase: Bitcoin Shows Relative Resilience Amid Multiple Bearish Factors, Possibly Indicating Market Bottom Formation] BlockBeats News, July 14, Coinbase Institutional stated that U.S. non-farm payrolls fell far below expectations, but the escalation of Middle East conflicts has brought inflation risks back into focus for the market. The market is shifting toward pricing in 'higher interest rates for longer,' leading to further tightening of financial conditions. Long-term risk assets are under pressure, and the probability of another rate hike within the year is increasing. Amid multiple bearish factors, BTC has only declined by about 2%. This relative resilience may suggest that the market is undergoing a bottoming process. [Original Link]