Trump Rejects Iran Peace Deal, Sends BTC Price into Tailspin
BTC's rally in August has come to an abrupt halt as the US President Donald Trump reportedly rejected Iran's latest peace proposal, sparking renewed tensions in the Middle East.
The Wall Street Journal reported that Trump warned of resumed bombing after the November midterms, a move that raises market risk for crypto and DeFi markets.
Trump's rejection of the peace deal has put pressure on BTC's price, which peaked at over $87,000 just days ago.