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Bitcoin (BTC) stayed below $82,000 around Thursday’s Wall Street open as Iran war headlines returned to pressure risk assets.
Key points:
- Bitcoin preserved 3% daily losses on Thursday as US stocks fell on geopolitical tensions.
- US President Donald Trump reiterated the chance of new military action against Iran, with no negotiations ongoing.
- BTC price analysis saw $84,400 as a short-term ceiling ahead of the Oct. 28 Federal Reserve meeting on interest rates.
Stocks fall as Trump says US “not negotiating” with Iran
Data from TradingView showed BTC/USD hitting $81,256 on Bitstamp, down 2.9% on the day.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
Mixed reactions to Tesla earnings and capital expenditures combined with a risk-off mentality stoked by fresh comments from Trump that the US was “not negotiating” with the Iranian side.
“We are going to have something one way or the other that will happen fairly soon. Most…
