Iran proposes 7-day plan to reopen Strait of Hormuz as Bitcoin holds near $84K

• —Iran demands at least $12 billion in frozen assets and oil sanctions relief
• —The strait would reopen on the seventh day if conditions are met
• —WTI crude fell more than 2.5% to $89, Brent dropped below $98
• —US 10-year Treasury yield rose to 5.11%, the 30-year to 5.40%