Bitcoin holds near $80K amid Iran tensions after Trump rejects Iran's peace proposal.

Bitcoin remained close to the $80,000 level following President Donald Trump's rejection of Iran's latest response to a U.S. peace plan, causing volatile swings in the crypto market. The rejection led to increased oil prices and a stronger dollar, reflecting heightened geopolitical tensions centered on the Strait of Hormuz, a critical oil transit route. Traders are watching key Bitcoin levels at $85,000 for upside potential and $78,000 as support, with the market sensitive to further developments in U.S.-Iran relations. This ongoing conflict continues to drive short-term price fluctuations in Bitcoin and other risk assets.