Bitcoin Slips Below $84,000 as Trump Rejects Iran's Seven-Day Ceasefire Proposal

Bitcoin traded below $84,000 on Saturday after retreating from a high of $87,395 as renewed Middle East tensions dampened risk appetite. The selloff followed reports that Donald Trump rejected Iran's seven-day ceasefire proposal delivered via Qatari mediators at the UN General Assembly, which offered to reopen the Strait of Hormuz in exchange for lifting naval blockades and sanctions. The decline pushed total crypto market capitalization below $3 trillion and prompted $255 million in digital asset liquidations, interrupting a rally that had gained $20,000 since mid-August.