PANews, April 20th - According to QCP Capital market analysis, market expectations for de-escalation reversed over the weekend as both the US and Iran accused each other of violating the ceasefire agreement. US crude oil rebounded 8%, Bitcoin fell back to $74,000, and Ethereum dropped to around $2,300. Despite ongoing geopolitical risks, Bitcoin volatility remained at its lowest point this year, indicating that investors believe the conflict may drag on but will not escalate further, hence the limited market reaction. Risk reversal indicators showed little volatility, indicating a lack of clear market direction. With the ceasefire nearing its end, another extension remains a possible outcome. Market focus is now shifting to the testimony of Federal Reserve Chair nominee Kevin Warsh before the Senate Banking Committee on Tuesday morning, whose interest rate and economic outlook could be near-term catalysts.