By Isaac • October 10, 2026 11:06 pm •
President Trump just removed one of the market’s nastier near-term possibilities from the board, and Bitcoin traders responded the way you would expect: they stopped pressing the panic button.
The president said the United States would not strike Iran before the midterm elections. The statement reduced the odds of an immediate shock to oil, inflation expectations and risk assets.
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Bitcoin recovered from roughly $80,400 and moved back toward the $82,500 area.
That rebound matters. It does not mean the selloff is over.
Bitcoin Gets Relief, Not a Free Pass
CoinDesk reported that Bitcoin held near $82,600 after the president’s statement, while Brent crude fell below $103 a barrel. The move pulled BTC away from Thursday’s three-week
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