According to CoinMeta, China has warned that U.S. sanctions against Iran could disrupt the global economy and stated that it may take retaliatory measures. In addition, an X platform announced plans to allow users to buy Bitcoin. Bitcoin fell below the $80,000 mark, and gold retreated to $4,605 per ounce. Federal Reserve official Collins expressed concerns that inflation is still too high and about the responsibility for price stability. BlackRock lowered the minimum investment threshold for IBIT physical assets to $1 million, with a cumulative conversion of over $5 billion. Canada imposed tariffs on $20 billion worth of U.S. goods, raising the tariff on steel to 50%. Tesla and SpaceX hold a floating profit of $1.35 billion in Bitcoin. The U.S. and Iran reached a consensus on a ceasefire, and shipping volumes through the Strait of Hormuz dropped to a multi-month low.