Cryptocurrency markets are becoming increasingly uncertain, with traders averse to risk due to weak performance in US equities. QCP Capital analysts warn of continued nervousness in light of the worsening situation in the Middle East. 🌍

Demand for Bitcoin (BTC) remains high, unlike Ethereum (ETH). Experts advise to "pick the bottom very defensively" and buy BTC or ETH at a significant discount to the spot price.

On April 14, the price of Bitcoin fell 8% below $62,000 following news of Iran's attack on Israel. At the time of publication, the price had recovered slightly, reaching $62,300.

QCP Capital remains confident that the upcoming Bitcoin cut will not only reduce miners' rewards for a mined Bitcoin block to 3.125 BTC, but could also sharply increase demand for the first cryptocurrency.