Bitcoin and Nasdaq futures declined after President Trump rejected an Iranian proposal at the UN General Assembly to reopen the Strait of Hormuz for seven days and pause fighting. Trump stated on Truth Social that Iran "cannot have a nuclear weapon," sustaining geopolitical uncertainty that has driven the 10-year Treasury yield to 5.20%, its highest level since 2007. Despite current headwinds, Bitcoin has outperformed major assets in the third quarter with a 42% gain over three months. Market participants are now monitoring key technical levels, with analysts identifying $83,800-$84,000 as near-term support and $85,000-$85,800 as immediate resistance amid ongoing inflation fears and rate-hike expectations.