Trump Rejects Iran Ceasefire Proposal, Anticipating Post-Election Escalation

President Donald Trump has rejected a seven-day ceasefire proposal from Iran, which would have included lifting naval blockades and easing oil sanctions in exchange for reopening the Strait of Hormuz. According to reports, Trump intends to resume bombing campaigns against Iran following the November midterm elections. While traditional financial markets remain closed, Bitcoin is currently reacting to the geopolitical tension.