President Trump called Iran’s latest peace counteroffer “TOTALLY UNACCEPTABLE” on social media, signaling that a fragile ceasefire between the two nations may be nearing its end. The Pentagon is now actively preparing plans to resume military operations against Iran if negotiations collapse entirely.

Trump described the ceasefire as being on “massive life support.” For crypto markets, the implications of a renewed US-Iran military confrontation extend well beyond geopolitics, touching energy prices, inflation expectations, and the safe-haven narrative that has increasingly attached itself to Bitcoin.

Diplomacy on the brink

Iran’s latest proposal reportedly seeks a phased resolution to the conflict, prioritizing sovereignty and compensation as key conditions. That approach stands in direct contrast to US demands, which center on immediate concessions from Tehran and stricter controls over its nuclear activity.

Iranian President Masoud Pezeshkian has rejected those US demands outright.