Bitcoin
Trump Rejects Iran's Hormuz Proposal, Pressuring Bitcoin (BTC) Near $84,400
COINOTAG·September 28, 2026·1 min read
Bitcoin held near $84,400 after Trump rejected Iran's Hormuz plan, lifting oil prices and reviving Fed rate-hike risk for digital assets. The geopolitical development increased market uncertainty, with higher oil prices potentially fueling inflation and prompting the Fed to tighten monetary policy, which could pressure risk assets like Bitcoin.
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