Bitcoin tracks $81.5K ETF cost basis as stocks dip on Trump-Iran remarks

Bitcoin hovered just under the $82,000 mark in early U.S. trading on Thursday as geopolitical headlines and a broader risk-off mood weighed on high-beta assets. The move came after fresh remarks from U.S. President Donald Trump renewed concerns about the possibility of military action involving Iran. At last checks, BTC /USD was trading around $81,256 on Bitstamp , according to TradingView —down 2.9% on the day. For traders, the next major catalyst is the Federal Reserve’s policy decision on Oct. 28, with several analysts expecting price to remain constrained in the meantime.

Source: Crypto Breaking News