Donald $TRUMP has officially rejected Iran's 7-day ceasefire proposal [5] and its roadmap to reopen the Strait of Hormuz. According to recent international reports, the U.S. administration expects a renewed bombing campaign [5] against Iranian targets right after the November midterm elections. This refusal to ease the naval blockade and oil sanctions keeps global geopolitical war tensions at an absolute boiling point. As a result, the crypto market is facing heavy continuous downward pressure as investors prepare for high macro volatility heading into the Monday open.#TRUMP #IranConflict #CryptoMarket Update