Market sentiment is cautious. Bitcoin is moving sideways as traders await a clear direction, while altcoin trading volumes have returned to normal, suggesting investors are largely sitting on the sidelines. The three breaking news items most likely to move prices over the next few hours are: Warren is set to chair the Senate Banking Committee and step up scrutiny of prediction markets and the Trump family’s crypto businesses, raising expectations of increased regulatory pressure; major progress in US-Iran peace talks has sent US stocks and gold sharply higher and crude oil sharply lower, and if risk appetite continues to improve, it could indirectly support crypto assets; South Korea’s KOSPI surged more than 4% at the open, with SK Hynix up 6.7%, making the rebound in Asian risk sentiment worth watching. Also watch whether an on-chain transfer of about $65.15 million in BTC triggers short-term volatility. The key question is whether Bitcoin can break out of its sideways range as external risk appetite improves.