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#BitcoinFallsBelow80K
Iran Potentially Rejects Peace Proposal with the US, Bitcoin Corrects Below $80,000
The US-Iran peace mediation process may face a deadlock after senior Iranian official Mohsen Rezaei called the US proposal unrealistic due to the lack of war compensation. On the other hand, Al Arabiya reported on Thursday (5/7) that Iran's Ministry of Foreign Affairs has not yet given an official response to the Pakistani mediator, due to ongoing internal discussions that are still deadlocked without a final conclusion.
Iran's tough bargaining position is reinforced by CIA intelligence reports that assess Iran can withstand a blockade for 90 to 120 days. This resilience is supported by large crude oil reserves and alternative distribution routes, so Iran does not feel pressured to immediately accept Washington's offer despite heavy sanctions.
This geopolitical uncertainty triggers risk-off sentiment that directly impacts the crypto market. Bitcoin prices are observed to have corrected and fallen below the $80,000 price level, as investor interest shifts to safe-haven assets.