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

Deep Tide TechFlow News, April 13, according to QCP Group reports, negotiations between the US and Iran broke down over the weekend, causing oil prices to return above $100, and the market to shift towards risk aversion. BTC faced resistance at $74,000, while ETH retreated from $2,330 to $2,180. Trump then threatened to block the Strait of Hormuz to cut off Iran’s oil exports, and Iran countered with threats to block the Strait of Mandeb, further increasing risk exposure.

China, due to its large imports of Iranian crude oil, remains at the center of the situation. If the blockade is implemented, the risk of US-China confrontation will significantly rise, and the market has not yet fully priced this in. Nevertheless, the overall crypto market shows strong resilience—implied volatility and risk reversal indicators have both fallen back to pre-conflict levels, indicating that panic sentiment is subsiding. BlackRock’s IBIT saw a net inflow of $612.1 million over the past week, with institutional buying remaining actively positive.

The market’s current focus has shifted from geopolitical headlines to execution details. Trump announced that the blockade would be enforced starting at 10 a.m. Eastern Time, with multiple delays, making policy credibility itself a trading variable.