Bitcoin rebounds to $82,000 as Trump rules out Iran strikes, oil drops
Source: CoinDesk ·
From the source
Bitcoin rebounded to $82,000 as Trump ruled out an Iran strike before the midterms, while crypto security experts pushed back on “bunker mode” fears. Bitcoin rebounded to $82,000 on Friday as the broader crypto market recovered from late-Thursday lows, with President Donald Trump’s comments easing fears of an imminent U.S. strike on Iran. Trump said the U.S. would not attack Iran before the Nov. 3 midterm elections. “We will not be attacking Iran at any time prior to the Midterm Elections to be held in the United States on November 3rd,” Trump said in a Truth Social post , published at 12:17 p.m. ET. He described discussions with Iran as “productive,” but said the U.S. blockade would remain “in full force and effect.” Bitcoin selling appeared to run out of steam near $80,300 following the post, and prices have since steadily recovered to $82,000. Other major tokens followed a similar trajectory, with ether, XRP, solana and several other cryptocurrencies trimming Thursday’s losses.…