Bitcoin Falls Lower as Trump's Iran Snub Sends Oil, Yields Higher
60-second summary
Bitcoin falls as President Trump rejects Iran’s cease‑fire proposal, pushing crude above $100 a barrel and lifting Treasury yields ahead of Wednesday’s PCE data; the rally in oil and higher rates pressure risk assets, extending last week’s crypto pullback and suggesting further downside for Bitcoin unless market sentiment stabilises overall market volatility.
Bitcoin extends last week's pullback as Trump rejects Iran's ceasefire plan, sending oil above $100 and yields higher ahead of Wednesday's PCE report.