Bitcoin circles $81.5K ETF cost basis as Trump Iran comments send stocks lower
politics
Bitcoin traded near $81,500, roughly matching the average cost basis of spot Bitcoin ETF investors, as Trump’s comments on Iran weighed on stocks and broader risk sentiment. The level is a key test: holding near it could support confidence among ETF buyers, while a sustained drop below it may intensify selling pressure. Market direction remains sensitive to geopolitical developments and their impact on risk assets.
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