Bitcoin was trading at $77,064 as of 8 a.m. on the 28th, down 1.66% from the previous day, according to CoinMarketCap.
The price briefly topped $79,000 intraday on the 27th, nearing $80,000, before turning lower.
The decline followed the breakdown of face-to-face talks between the United States and Iran, with the two sides unable to find common ground. Iran proposed discussing the nuclear issue after a pause in the war and the reopening of the Strait of Hormuz under Pakistani mediation. The White House has maintained a cautious stance, saying it is reviewing the matter internally.
President Trump has repeatedly said he would not allow Iran to possess nuclear weapons, prompting assessments that Washington is unlikely to accept Iran’s proposal.
Major altcoins also fell. Ethereum slipped 0.04% to $1, Solana dropped 2.58% to $85, and XRP fell 2.22% to $1.39.
In South Korea, bitcoin on the won-based exchange Bithumb was down 0.7% from the previous day at 114.93 million won (about $78,047) at the same time. The so-called “kimchi premium,” in which domestic prices trade above overseas levels, stood at 1.26%.
* This article has been translated by AI.
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