Bitcoin Breaks Below $80,000 as Middle East Risk Hits Weekend Trading

Bitcoin Breaks Below $80,000 as Middle East Risk Hits Weekend Trading


Bitcoin coin under intense downward market pressure in a yellow-orange scene image By Isaac • October 24, 2026 3:06 pm •

Bitcoin slipped below $80,000 on Saturday as a new burst of geopolitical risk collided with the thin liquidity of weekend crypto trading.

The move was not confined to Bitcoin. Ether, XRP and Solana all fell harder, turning what began as pressure on the market leader into a broad retreat across the largest digital assets.

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CoinDesk reported that Bitcoin traded near $79,700, down 2.2% over 24 hours and at its weakest point in more than a month. Ether, XRP and Solana were down roughly 3% to 4% as traders reacted to reports that the United States was moving personnel out of embassies and military facilities across the Middle East amid concerns about possible Iranian attacks.

The timing

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