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Bitcoin steadies near $82,500 after Trump rules out Iran strike before midterms

CoinDesk 2026-10-09 10:44:22
Context: Bitcoin's price recovered to around $82,500 after President Donald Trump stated that the US would not attack Iran before the November 3 midterm elections, easing geopolitical tensions. The cryptocurrency market saw a bounce in smaller tokens, with the CoinDesk 80 up 2.2% since midnight UTC. However, Bitcoin remains about 4% lower than it was a week ago.

Key Facts

  • Bitcoin's price recovered to around $82,500 from a low of $80,300 on Thursday, after President Donald Trump's statement on Iran.
  • The CoinDesk 80 was up 2.2% since midnight UTC, while the CoinDesk 100 remains 2.2% lower over 24 hours.
  • Starknet's STRK token jumped 33% after the network announced it is considering becoming a standalone layer-1 blockchain to achieve full quantum resistance by 2027.
  • Bitcoin's price is currently $82,365.43, down 4% from the same time last Friday, while Ether's price is $2,491.73, down 9% over the week.

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