Trump's Iran pledge underpins crypto gains as bitcoin (BTC) bears face liquidation pressure: Crypto Daily
Summary
Bitcoin recovered to about $82,600 after falling to roughly $80,400, its lowest level in three weeks, as Trump said the U.S. would not strike Iran before the midterm elections. The dip tested bitcoin’s 50-day moving average, which an analyst said had attracted buyers and supported the medium-term trend. Ether fell 2% to around $2,500, while Solana lost nearly 4%; the CoinDesk 20 index declined about 2%. Broader markets also recovered, and Brent crude fell below $103 a barrel after the remarks. Bitcoin’s chart support was identified near its 50-week EMA, around $78,000.
