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Bitcoin Price Drops 3% as Trump Iran Comments Add to Market AI Nerves
Bitcoin slipped 3% as Trump’s comments on Iran and renewed AI valuation worries pushed U.S. stocks lower, analysts said.
- On Thursday, Bitcoin fell below $82,000 as renewed Iran conflict headlines pressured risk assets and sparked a broader market selloff.
- Analysts at Bitfinex Alpha forecast Bitcoin trading in a narrow range between $81,300 and $84,400 until the Federal Reserve meeting on October 28, with macro headwinds risking a move toward the October 15 low of $79,821.
- Farside Investors data shows Bitcoin ETFs attracted $526.7 million in net inflows on October 19, followed by $23.2 million on October 20 and $524.8 million on October 21.
- President Donald Trump stated the U.S. is "not negotiating" with Iran, fueling geopolitical tensions that sent the Nasdaq Composite Index down 2.3% and pushed the 10-year bond yield toward 5%.
- Traders discount major price recovery odds before mid-January 2027, with Kalshi participants assigning just 3% probability to new all-time highs as market participants await the November 3 midterm elections.
Insights by Ground AI
17 Articles
17 Articles
Bitcoin ETFs add $470M in Lookonchain tally as Ether figures diverge
U.S. spot Bitcoin ETFs have attracted $470.15 million in net inflows in Lookonchain’s Oct. 22 update, while its reported Ether withdrawals have differed from Farside Investors’ latest completed session. Lookonchain’s supplied update lists 5,766 BTC entering Bitcoin funds over one…
Bitcoin and Ethereum Extend Sell-Off as Crypto Long Liquidations Reach $418M
TL;DR Cryptocurrency markets recorded nearly $418 million in long liquidations as Bitcoin fell 4.26% and Ethereum dropped 5.53% over 24 hours. Total liquidations reached $458.05 million, with bullish positions accounting for 91.2% of losses and Binance representing 43.5% of the total. U.S. spot Bitcoin ETFs attracted $528.40 million in net inflows on October 21, signaling ...
Coverage Details
Total News Sources17
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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