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Capital.com Senior Financial Market Analyst Kyle Rodda said that as President Trump’s deadline for Iran at 8:00 p.m. on Tuesday expires, Bitcoin faces a “dual risk.” According to Rodda, traders are caught between a complete rally or a relief scenario. BTC briefly surpassed $70,000 on Monday but fell below $69,000 on Tuesday. Meanwhile, Iran rejected a 45-day ceasefire proposal, and Trump announced that this date is “definite.” Trump’s Fourth Term and Crypto Reactions Trump is demanding Iran reopen the Strait of Hormuz or risk strikes on all bridges and energy plants in the country. This means the president has extended and renewed his ultimatum for the fourth time since March 21.