Bitcoin(BTC) price steadies after Trump rules out Iran strike before U.S. midterm elections
Summary
Bitcoin recovered to about $82,500 after falling near $80,300, but remained roughly 4% lower week over week. Ether fell 9% to around $2,500. The rebound followed President Trump’s statement that the U.S. would not attack Iran before the November midterm elections; oil prices and U.S. equity futures also eased or rose. Smaller crypto tokens outperformed, though broad-market indexes and DeFi tokens remained down, and bitcoin, ether and zcash ETFs recorded outflows. Coinbase cryptographer Yehuda Lindell pushed back against concerns raised by Ethereum Foundation researcher Justin Drake, saying there was no evidence bitcoin or ether’s elliptic-curve assumptions had been broken.
