Tehran submits response to US peace proposal as Strait of Hormuz tensions rattle crypto markets

Iran submitted its response to the US peace proposal through Pakistani mediators, amid escalating tensions at the Strait of Hormuz. Recent clashes have threatened the fragile ceasefire, with Iran accusing the US of violating the agreement and threatening attacks. Crypto markets are experiencing volatility due to the conflict, driving investment towards safe-haven assets like Bitcoin and stablecoins.