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Trump Rejects Iran Peace Deal: BTC Price Takes a Hit

Guavy AI Editorial Team
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US President Donald Trump's rejection of Iran's latest peace proposal has put pressure on Bitcoin's price, which had surged past $87,000 earlier in the week.

The Wall Street Journal reported that Trump rejected a seven-day ceasefire proposed by Iran and warned that his country would resume bombing it after the November midterms.

This development is a stark contrast to Trump's previous statement that the war would end immediately after the elections because 'they can't hold out any longer.'

The US-Iran conflict has had a significant impact on Bitcoin's price, with the cryptocurrency pulling back from its recent high of $87,000 to around $84,000 as of press time.

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