Bitcoin fell, affected by uncertainty over Iran conflict.

Bitcoin fell slightly amid escalating uncertainty related to the Iran conflict, causing investors to adopt a cautious attitude towards risk assets. President Trump threatened that if an agreement to reopen the Strait of Hormuz was not reached by the deadline set for Tuesday night, he would "take down" Iran "overnight." Iran rejected Trump's 45-day ceasefire proposal, demanding a permanent end to the conflict and the lifting of sanctions. Jefferies economist Mohit Kumar said in a report, "As the deadline approaches, investors may feel nervous and enter a risk-off mode." Data from the London Stock Exchange Group shows that Bitcoin fell by 1.9% to $68,519.