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Trump Rejects Iran Ceasefire Deal, Sending Bitcoin Price into Free Fall

Guavy AI Editorial Team
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BTC
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Bitcoin's price fell to $83,050 on Monday after President Trump rejected Iran's ceasefire proposal. The decision sent shockwaves through the market, causing a 1.8% drop in Bitcoin's value over 24 hours.

The rejection of the ceasefire deal came as a surprise to many, with some analysts suggesting that it could lead to increased geopolitical tensions and higher oil prices.

BTC is currently trading near $83,050, down from its recent high of around $84,400. The key support level for Bitcoin is clustered around $82,400, while resistance is expected at $85,500-$86,000.

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