#bitcoin fell toward $80,300 Thursday as Iran tensions and $1.19B in leveraged liquidations hit simultaneously, then rebounded to $83,000 after Trump said the US would not strike Iran before November 3 midterms, sending WTI from $93.20 back to $90.69. $BTC ETFs shed $729M in two days — the heaviest outflow since June. XRP ETFs were the only category to record inflows ($8M). Citigroup sees a potential dovish Fed surprise if core PCE runs near 2% annualized for several months — the Fed minutes showed no October urgency. JPMorgan estimates $50B has entered crypto in 2026 at a $66B annualized pace. Crypto stocks rose broadly in premarket:
MSTR +2.58%, COIN +2.45%.
Bitcoin Rebounds to $82K as Trump Rules Out Iran Strikes Before Midterms, Oil Falls
Bitcoin fell to $80,300 Thursday before recovering to $83,000 after Trump ruled out US military strikes against Iran before November 3, describing discussions as productive while keeping the blockade in place. WTI had surged from $89 to $93.20 on escalation fears before retreating to $90.69. Analysts watching two levels: $81,000 (Giottus CEO Subburaj's immediate support — a sustained break exposes $80,000 then $77,200 on-chain support) and $82,000-$83,300 as the key recovery resistance zone. BitDelta's Mashru: reclaiming $82,000
alongside ETH above $2,500 could stabilize conditions; a break below $80,316 increases downside risks. Crypto security experts disputed
"bunker mode" wallet migration fears — Coinbase cryptographer Yehuda Lindell said there is no evidence established elliptic-curve cryptography has been broken. The broader pattern holds: four rejections at $87,300 in two weeks,
Bitcoin ETFs shed $244M Thursday after $485M
Wednesday - $729M in two days, the worst two-day outflow since June. Ethereum ETFs lost $73M, Solana $3M, and the lone US ZEC ETF shed $19M (October outflows now $86M, erasing ~one-third of cumulative net inflows since launch). XRP ETFs were the only positive category at $8M, all into Franklin Templeton's XRPZ. XRP cumulative ETF inflows since launch now total $1.81B, surpassing Solana's $1.59B.
The outflows coincided with $1.19B in leveraged liquidations as Bitcoin dropped toward $80,400 - the mechanism that turns a price decline into a cascade when funding rates are elevated. The two-day ETF outflow follows a nine-session $3. 1B streak that had been the structural floor under August's recovery narrative. Whether that bid reasserts after Trump's Iran statement is the immediate test for next week.
[ColnDesk
XRP ETFs were the only crypto funds in the green