Bitcoin fell, affected by the ongoing tension between the US and Iran.

Bitcoin slightly fell as tensions between the United States and Iran show no signs of easing, causing investors to adopt a cautious attitude. A US official stated that President Trump is skeptical of Iran's latest proposal to reopen the Strait of Hormuz. Trump's remarks suggest that Iran lacks sincerity and is unwilling to meet his key demands to stop nuclear enrichment and commit to never producing nuclear weapons. An analyst from Deutsche Bank stated in a report, "The market has been grasping at any signs of peace talks, and the absence of any signs has raised concerns that peace talks may not happen." Data from the London Stock Exchange Group shows that Bitcoin fell by 0.2% to $76,790.