Bitcoin Rebounds to $82,000 as Trump Rules Out Iran Strikes. What Next?
The rebound followed Trump’s denial of an imminent Iran strike, easing risk fears as ether, XRP and solana also trimmed losses.
- Bitcoin rebounded to $82,000 on Friday, October 9, after President Donald Trump ruled out U.S. military strikes against Iran before the November 3 midterm elections, easing concerns that had pushed the cryptocurrency toward $80,300.
- Earlier, reports that the Pentagon was preparing for potential operations against Iran unsettled financial markets, pushing oil prices toward $93.20 and forcing Bitcoin toward $80,300 on Thursday before the president's statement.
- Institutional demand remained weak on October 8, with approximately $244 million leaving spot Bitcoin ETFs while holders realized $1.03 billion in profits, the second-highest daily amount recorded in 2026.
- Crypto analyst Rekt Capital identified $82,500 as a crucial price level for Bitcoin, noting that daily technical indicators continue to show limited buying strength despite Friday's rebound.
- A daily close above $84,281 would improve momentum for Bitcoin, while failure to hold $82,500 could expose the market to further selling and potential retests of lower support levels.
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The bitcoin operates slightly high this Friday (9), close to the US$ 82.5 thousand, after the volatility of the last few days. Oil falls after the gains of the eve, with the reduction of risks in the Middle East after the president of the United States, Donald Trump, affirming that the country will not attack Iran before the mid-term elections in November. At around 10.50 a.m., the bitcoin rose 0.6% in 24 hours, to US$ 82.477.27, according to Co…
Bitcoin steadies near $82,500 as Trump rules out Iran strike before midterms - CryptoGazette
Bitcoin recovered to around $82,500 after Trump ruled out an Iran strike before the midterms, but remains 4% lower on the week. Starknet's STRK jumped 33% on The post Bitcoin steadies near $82,500 as Trump rules out Iran strike before midterms appeared first on CryptoGazette.
CryptoTendencia Bitcoin recovers partially after Trump's statements about Iran, while ETF exits maintain caution.The entry The price of bitcoin recovers partially after Trump's statements about Iran was first published in CryptoTendencia.
Key points of the news: Bitcoin bounced to $82,500 after Trump ruled out attacking Iran before November 3, although it accumulated a fall of close to 4%. Crypto settlements reached $1,090 million, including $931 million in longs, while Bitcoin’s open interest in futures backed back 1.9% to $27,100 million. Brent went down to the top of the... Read more
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