The major crypto remains well above its mid-September lows near $75,000–$77,000. CoinGecko historical data show $BTC closing near $75,590 on Sept. 15 before climbing above $86,000 less than a week later.

Bitcoin price falls as Iran uncertainty returns

Geopolitical risk returned to markets after U.S. President Donald Trump rejected an Iranian proposal linked to reopening the Strait of Hormuz and pausing the conflict.

According to Reuters, Iranian Foreign Minister Abbas Araghchi said Tehran remained prepared to seek a diplomatic settlement while warning that the country was ready if fighting resumed.

Iran presented a plan during the United Nations General Assembly that included a seven-day period to reopen the Strait of Hormuz and…