Bitcoin rebounds to $82,000 as Trump rules out Iran strikes, oil drops
Bitcoin rebounded to $82,000 as Trump ruled out an Iran strike before the midterms, while crypto security experts pushed back on “bunker mode” fears.
Source: CoinDesk
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DW NOTE
Trump just ruled out strikes on Iran before the midterms while keeping the blockade in place — so the Strait stays shut and oil stays over $100, but the immediate war premium comes off. Bitcoin read this as "less bad," not "good." The actual problem — 6% of global oil supply offline and a closed shipping chokepoint — hasn't moved.