QCP: The crypto market remains resilient under geopolitical pressure, with institutional funds continuing to flow in

ME News message, on April 13 (UTC+8), U.S.-Iran negotiations broke down over the weekend, causing oil prices to once again break above the $100 mark and pushing the broader market toward risk-averse sentiment. Bitcoin met resistance at $74,000, while Ethereum fell back from $2,330 to $2,180. Former U.S. President Trump threatened to block the Strait of Hormuz to cut off Iran’s oil exports, and Iran threatened to block the Strait of Mandeb in retaliation; the standoff between the two countries has heightened risk. China has become central to the situation because of its large imports of Iranian crude oil; if a blockade occurs, U.S.-China relations could become even more tense, although the market has not yet fully priced this in. However, the crypto market has shown strong resilience: implied volatility and risk reversal indicators have both fallen back to pre-conflict levels, indicating that panic sentiment has eased. BlackRock’s IBIT saw net inflows of $612.1 million over the past week, showing that institutional buying has been active. The market’s focus has now shifted to the execution level of the geopolitical conflict. Trump plans to initiate the blockade at 10:00 a.m. Eastern Time, and policy credibility has also become an important consideration for traders. (Source: MLion)