Bitcoin ETF cost basis fluctuates amid Trump Iran comments
Current overview (not historical)
Bitcoin price hovered near $81,500 as ETF cost basis, with traders assessing geopolitical risk. US President Donald Trump reiterated the possibility of new military action against Iran, with no negotiations ongoing, pressuring risk assets and keeping Bitcoin within a narrow range around $81,300 to $84,400 until the October 28 Fed meeting.
Written with AI from the reporting · updated 10/22/2026
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- 1Unclassified fact stationOct 23, 00:00recorded Oct 23, 00:34single sourcerevised
Bitcoin circles $81.5K ETF cost basis as Trump Iran comments
Read original source ↗ CointelegraphReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject:
- bitcoin
- Action:
- traded in narrow range
- Object:
- ETF cost basis around $81,500
- Occurred (fact side):
- Oct 23, 00:00
- Published (valid side):
- Oct 23, 00:20
- First seen (known side):
- Oct 23, 00:34
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- CointelegraphRelated fact: single sourceSource report revisedBitcoin hovers near $81.5K ETF cost basis amid geopolitical tensions and Fed meeting anticipation
Report first recorded Oct 23, 00:34
Bitcoin (BTC) remained below $82,000 around Thursday’s Wall Street open, preserving 3% daily losses as US stocks fell due to geopolitical tensions. US President Donald Trump reiterated the possibility of new military action against Iran, stating the US was “not negotiating” with the Iranian side. Analysts at Bitfinex Alpha forecast BTC/USD will trade in a narrow range between $81,300 and $84,400 until the Federal Reserve meeting on Oct. 28. The S&P 500 Index was down 1.3% and the Nasdaq Composite Index was 2.3% lower at the time of writing.
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