Bitcoin Falls as Iran Rejects Any Temporary Ceasefire with the US amid Kharg Island Strikes

By Varinder Singh

Bitcoin Falls as Iran Rejects Any Temporary Ceasefire with the US amid Kharg Island Strikes

Bitcoin's price fell more than 1% in an hour after Iran rejected any temporary ceasefire with the US on Tuesday. This escalation coincides with reports of explosions on Kharg Island and oil prices rising above $114 as Trump's deadline for striking Iranian energy infrastructure approaches. Ethereum, XRP, Solana, and Cardano were also impacted by the market reaction.

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